ItN Nanovation AG: Financial statement 2013 will not be available before May 2014 due to the transition to IFRS
Saarbrücken, (PresseBox) - ItN Nanovation AG (ISIN DE000A0JL461) will postpone the publication of its financial statement for 2013 for a short period of time until May 2014. The reason for this is the spinning off of CeraNovis GmbH by September 2012, which obligates the company to prepare two separate financial statements according to HGB (German Commercial Code) as well as a consolidated financial statement for the group according to IFRS. Further, a financial statement according to IFRS has to be prepared and to be audited for the year 2012. This comprehensive process will take shortly longer than first expected. All statements should be audited by May at the latest. The Supervisory Board meetings for approving the financial statements are also expected to take place in May. The interim report within the first half of 2014, which was scheduled for 19th May, will correspondingly be delayed by a few days.