DDM Treasury Sweden AB: Financial results January-September 2014 (correction)
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 correctedNote 1
GEOGRAPHICAL REGIONS
| SEK M | 2014-01-01– | 2014-07-01– | 2014-04-01– | 2014-01-01– |
| 2014-09-30 | 2014-09-30 | 2014-06-30 | 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.
For more information, please contact:
Anders Antonsson, Investor Relations
Mail: a.antonsson@ddm-group.ch | Tel: 46 8 4080 9030
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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