Hansa Group AG: Amortization of a shareholding
Hansa Group AG carried out impairment tests in accordance with IAS 36 as part of the preparations for the Half-Year Report 2012. An impairment was recognized for the capitalized customer base of the subsidiary Luhns GmbH on account of the insolvency of the drug store chain Schlecker. Although the effect does not have any impact on liquidity, the impairment will reduce Group earnings in fiscal year 2012 up to EUR 4.5 million. In view of the current positive business development, the Management Board continues to expect that sales will increase year-on-year, as forecast. The Half-Year Report will be published on August 31, 2012.
HANSA GROUP AG
Wanheimer Str. 408