D.E MASTER BLENDERS 1753 N.V.
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Publicatie datum
01 aug 2012 - 18:10
Statutaire naam
D.E MASTER BLENDERS 1753 N.V.
Titel
D.E MASTER BLENDERS 1753: First year-end financial closing process as an independent company identifies financial adjustments related to Brazilian operations
Bericht
Amsterdam, August 1, 2012 - In connection with its first year-end financial closing process as an independent company, D.E MASTER BLENDERS 1753 identified adjustments related to the previously reported historical carve-out combined financial statements for fiscal years 2009-2011 and first half fiscal year 2012 as well as items that will result in adjustments to its upcoming results for fiscal 2012. These adjustments are not expected to affect the company's financial performance in fiscal 2013.
These adjustments, which all involve the company's Brazilian operations, are partly caused by accounting irregularities involving uncollectible accounts receivable and incorrect sales recognition. In addition, the company has taken provisions on inventory levels and made other corrections, including additional tax provisions.
Datum laatste update: 20 december 2025