Brief: BaFin - Identifies Errors In The Annual Accounts Of Mutares Se Co Kgaa

Mutares SE & Co KgaA

Yesterday 05:36

June 30 (Reuters) - Mutares SE & Co KgaA MUXG.DE:
BAFIN -  IDENTIFIES ERRORS IN THE ANNUAL ACCOUNTS MUTARES SE  CO KGAA
BAFIN - DURING AN AUDIT, BAFIN FOUND THAT THE PUBLISHED ANNUAL FINANCIAL STATEMENTS OF MUTARES SE  CO. KGAA AS AT THE BALANCE SHEET DATE OF 31 DECEMBER 2023 CONTAINED ERRORS
BAFIN - DISCLOSURE REGARDING THE REMAINING MATURITY OF RECEIVABLES IS INTENDED TO PROVIDE A BETTER INSIGHT INTO THE COMPANY’S SHORT-TERM LIQUIDITY POSITION. IT IS REQUIRED BY LAW
BAFIN - IN THE ANNUAL FINANCIAL STATEMENTS AS AT 31 DECEMBER 2023, NO NOTE WAS INCLUDED REGARDING THE RECEIVABLES FROM ASSOCIATED COMPANIES TOTALLING 328 MILLION EUROS REPORTED IN THE BALANCE SHEET
BAFIN -  STATING THAT A PORTION OF THESE RECEIVABLES, AMOUNTING TO 202 MILLION EUROS, HAD A REMAINING TERM OF MORE THAN ONE YEAR
BAFIN- AUDIT IS HEREBY CONCLUDED
BAFIN- AFFILIATED COMPANIES REFER TO SHAREHOLDINGS IN OTHER COMPANIES; IN THIS CASE, THESE ARE PRIVATE EQUITY INVESTMENTS
Further company coverage: MUXG.DE

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