Espoo, Finland, 2011-02-17 11:45 CET (GLOBE NEWSWIRE) -- Proha Plc Stock Exchange Bulletin February 17, 2011 at 12.45 p.m.
Correction to stock exchange bulletin regarding Proha Plc financial statements released on February 17, 2011 at 8.45 am. The Finnish language version of the Group Comprehensive Income Statement of the summary of financial statements and notes had two mistakes in the 2009 financials.
Share of results in associates, EUR -100 thousand, was mistakenly presented below operating result, and has now been corrected to be included in the operating profit. The operating profit in 2009 was EUR 263 thousand instead of EUR 362 thousand as previously reported.
In the English translation of the Group Comprehensive Income Statement there was also a row distribution error, impacting partially both 2010 and 2009 figures.
The English translation of the Group Comprehensive Income Statement has been corrected to correspond to the official Finnish language version.
The correct Group Comprehensive Income Statement is as follows:
| GROUP COMPREHENSIVE INCOME STATEMENT |
| 10-12 | 10-12 | Change | 1-12 | 1-12 | Change | |
| (EUR thousand) | 2010 | 2009 | % | 2010 | 2009 | % |
| NET SALES | 18 551 | 15 269 | 21.5 | 70 776 | 60 738 | 16.5 |
| Other operating income | -57 | 163 | -135.2 | 1 062 | 208 | 410.1 |
| Share of results in associates | 0 | 0 | 0 | -100 | -100.0 | |
| Material and services | -23 | -30 | -23.5 | -85 | -156 | -45.4 |
| Employee benefits expense | -17 042 | -13 623 | 25.1 | -63 798 | -55 735 | 14.5 |
| Depreciation and amortisation | -113 | -180 | -37.1 | -532 | -650 | -18.2 |
| Impairment | 0 | -118 | -100.0 | 0 | -118 | -100.0 |
| Other operating expenses | -1 100 | -1 248 | -11.9 | -4 052 | -3 924 | 3.3 |
| OPERATING RESULT | 215 | 232 | -7.4 | 3 370 | 263 | 1 183.2 |
| Financing income | 231 | 411 | -43.7 | 917 | 887 | 3.4 |
| Financing expenses | -257 | -459 | -44.1 | -898 | -1 240 | -27.5 |
| RESULT BEFORE TAX | 190 | 185 | 2.8 | 3 389 | -90 | 3 857.2 |
| Tax on income from operations | -91 | -455 | -80.0 | -1 063 | -659 | 61.2 |
| RESULT FOR THE PERIOD | 99 | -270 | 136.7 | 2 326 | -749 | 410.4 |
| Other comprehensive income | ||||||
| Translation differences | 266 | 376 | 647 | 1 593 | ||
| Other comprehensive income for the period, net of tax | 266 | 376 | 647 | 1 593 | ||
| TOTAL COMPREHENSIVE INCOME FOR THE PERIOD | 365 | 106 | 2 973 | 844 | ||
| ALLOCATION OF RESULT FOR THE PERIOD | ||||||
| Result attributable to shareholders of the parent | 143 | -272 | 2 373 | -871 | ||
| Result attributable to non-controlling interest | -43 | 2 | -47 | 121 | ||
| Total | 99 | -270 | 2326 | -749 | ||
| ALLOCATION OF COMPREHENSIVE RESULT FOR THE PERIOD | ||||||
| Result attributable to shareholders of the parent | 406 | 104 | 3013 | 721 | ||
| Result attributable to non-controlling interest | -41 | 3 | -40 | 123 | ||
| Total | 365 | 106 | 2973 | 844 | ||
| Earnings/share EUR | ||||||
| Undiluted | 0.00 | 0.00 | 0.04 | -0.01 | ||
| Diluted | 0.00 | 0.00 | 0.04 | -0.01 | ||
| Comprehensive earnings/share EUR | ||||||
| Undiluted | 0.01 | 0.00 | 0.05 | 0.01 | ||
| Diluted | 0.01 | 0.00 | 0.05 | 0.01 | ||
ATTACHMENT: Summary of financial statements and notes
More information:
PROHA PLC
Ilkka Toivola, CEO
Tel. +358 (0)20 436 2000
ilkka.toivola@proha.com
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NASDAQ OMX Helsinki
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