Brief: Anoto Publishes Its Annual Report 2020 And Corrects For A Minor Change In Results 2020

Inq AB (publ)

30/04/2021 22:35

April 30 (Reuters) - Anoto Group AB  ANOT.ST :
    * ANOTO PUBLISHES ITS ANNUAL REPORT 2020 AND CORRECTS FOR A
MINOR
CHANGE IN RESULTS 2020
    * ANOTO- GAIN OF MSEK 2.5 FROM CURRENCY FLUCTUATIONS ON
INTERCOMPANY BALANCES WAS PREVIOUSLY NOT REPORTED, HAS NOW BEEN
BOOKED IN CONSOLIDATED RESULTS
    * GROUP'S RESULTS FOR 2020 AMOUNTS TO MSEK -128 COMPARED TO
WHAT
WAS REPORTED IN YEAR-END REPORT MSEK -144
    * ANOTO-WRITE-DOWN OF LIQUIDATED SUBSIDIARIES FOR MSEK 13.4
PREVIOUSLY BOOKED IN CONSOLIDATED RESULTS BUT SHOULD HAVE BEEN
ELIMINATED IN CONSOLIDATION
    * GROUP'S 2020 EARNINGS PER SHARE AMOUNTS TO -0.72 COMPARED
TO
-0.76
    * ANOTO- ACCOUNTS MINOR CHANGE IN RESULTS OF PARENT CO;
CORRECTIONS ON PARENT CO RESULTS ARE RELATED TO A WRITE-DOWN OF
PARTICIPATION IN SUBSIDIARIES
    * ANOTO- PARENT CO HAS WRITTEN DOWN MSEK -8.3 ON VALUE OF
PARENT
CO'S SHARES IN ANOTO AB AND -21.5 MSEK ON RECEIVABLES FROM ANOTO
KOREA

Source text for Eikon:  ID:nGNE4NHPD3 
Further company coverage:  ANOT.ST 

 ((Reuters.Briefs@thomsonreuters.com;))