STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
DDM Treasury Sweden AB (publ) (NGM: DDM 1) has today amended Note 1 in its Q3 2014 interim report. Net collections and revenues for the period 1 January-30 September 2014 have been corrected and the complete table on page 13 in the interim report should read as follows:
DDM Treasury Sweden AB jan-sep 2014 corrected (http://mb.cision.com/Public/8733/9688161/b55199b88b2d6635.pdf)Note 1
GEOGRAPHICAL REGIONS
|
SEK M |
2014-01-01 – 2014-09-30 |
2014-07-01 – 2014-09-30 |
2014-04-01 – 2014-06-30 |
2014-01-01 – 2014-03-31 |
|||||
|
Country |
|||||||||
| Romania | 46.0 | 13.5 | 14.7 | 17.8 | |||||
| Russia | 25.5 | 10.5 | 7.1 | 7.8 | |||||
| Slovenia | 2.8 | 0.1 | 2.7 | 0.0 | |||||
|
Total net collections |
74.3 |
24.1 |
24.5 |
25.6 |
|||||
| Amortisation and depreciation | -56.5 | -16.2 | -14.6 | -25.5 | |||||
| Revaluation purchased debt | 27.0 | 3.0 | 8.7 | 15.2 | |||||
|
Revenues from external customers |
44.8 |
10.9 |
18.6 |
15.3 |
The correct table, and subsequent amendments including the table on page 1, are included in the attached Q3 2014 interim report and is also available on the company’s website, www.ddm-group.ch. The above corrections have no impact on the net result for the period, nor the financial results of the ultimate parent company, DDM Holding AG.
DDM Treasury Sweden AB (publ) (NGM: DDM1) is a subsidiary wholly owned by DDM Holding AG. DDM Holding AG is a multinational investor and manager of distressed assets. Since 2007, the DDM Group has built a successful platform in Eastern Europe, with over 2 million receivables in nominal value over EUR 1.4 billion.
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