DGAP-News: Deutsche Rohstoff AG:
(firmenpresse) - DGAP-News: Deutsche Rohstoff AG / Key word(s): Final Results
Deutsche Rohstoff AG:
09.06.2011 / 13:58
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Deutsche Rohstoff AG: 2010 Financial Statements Published
Pre-tax profit of EUR 298,298/Equity capital rises to EUR 15.7 million
Heidelberg, Germany. The audited financial statements of Deutsche Rohstoff
AG are available for download on the Company's website
(http://www.rohstoff.de/investor-relations-aktie-finanzinformationen.shtml)
as of today. The auditing company Ernst&Young has issued an unqualified
audit certificate. The financial statements disclose the following main
constituents:
- The Company's pre-tax profit amounts to EUR 298,298
- Main profit drivers included a reversal of asset impairment of EUR
619,000, linked to the stake in Devonian Metals, currency gains in the
amount of EUR 624,000 as well as income from financial assets amounting
to EUR 283,000. The currency gains originated in loans granted to
Deutsche Rohstoff Australia in Australian dollar, which have been
repaid in the meantime.
- Provisional recognition of deferred tax liabilities amounting to EUR
182,000 boils down to an after-tax profit of EUR 116,000 (2009: EUR
-273,000)
- Equity capital rises to EUR 15.7 million (2009: EUR 7.085 million)
- The Company's equity ratio stands at 78%
- Cash and cash equivalents total EUR 3.4 million at the end of the
period
Deutsche Rohstoff AG will present further details of its latest annual
financial statements and its annual report for the year 2010 at a press
conference in Heidelberg on 28 June 2011.
Heidelberg, Germany, 9 June 2011
Entry Standard-listed Deutsche Rohstoff AG is setting up a new commodity
producer. The Group's priority areas include gold, oil, gas and so-called
'high-tech metals' such as tungsten, tin and rare earth elements. All
projects are located in politically stable countries, whereby special focus
is placed on Germany. The Group's business model is based upon
(re)developing deposits which were already explored in the past. First
production activities were taken up in January 2011 in Georgetown,
Australia. For further information about Deutsche Rohstoff AG log on to
www.rohstoff.de.
Contact:
Dr. Thomas Gutschlag
+49 6221 652 4730
gutschlag(at)rohstoff.de
End of Corporate News
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09.06.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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127889 09.06.2011
Datum: 09.06.2011 - 13:58 Uhr
Sprache: Deutsch
News-ID 34356
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Kategorie:
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