Market announcement
AS MERKO EHITUS
LEI code
529900AS1XLZP15O8887
Size of the entity
Large group
Economic activities
Professional, Scientific and Technical Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
3571
Submission date and time
15.02.2012 16:30:00
Content of announcement in Estonian
Title
AS Merko Ehitus kontserni kinnistute allahindlus
Message
Tallinn, Eesti, 2012-02-15 15:30 CET (GLOBE NEWSWIRE) -- Seoses kinnisvara arendusprojektide perspektiivide ümberhindamisega Balti riikides viis AS Merko Ehitus läbi kontserni kinnistute väärtuse testi ning hindas 4,55 mln euro võrra alla varudes kajastatud kinnistuid ning 1,4 mln euro võrra alla pikaajaliste finantsinvesteeringute all kajastatud ühisprojektide kinnistuid. Tehtud allahindlused mõjutavad ettevõtte 2011. aasta 12 kuu ja IV kvartali majandustulemusi kogusummas 5,95 mln eurot, millest 2,4 mln eurot on seotud Läti, 2,25 mln eurot Eesti ja 1,3 mln eurot Leedu kinnistute väärtuse allahindlusega. Kinnistute allahindlused ei mõjuta ettevõtte ehitustegevuse valdkonda. AS Merko Ehitus avalikustab oma 2011. aasta 12 kuu ja IV kvartali konsolideeritud vahearuande 22. veebruaril 2012 peale börsipäeva lõppu. Andres Trink Juhatuse esimees +372 680 5400 [email protected]
Content of announcement in English
Title
Downward revaluation of real property of AS Merko Ehitus
Message
Tallinn, Estonia, 2012-02-15 15:30 CET (GLOBE NEWSWIRE) -- Owing to the revaluation of prospects of real property development projects in the Baltic States, AS Merko Ehitus carried out a test of the Group’s real property value and revised downward the real property recorded in inventory by 4.55 million euros and the real property of joint projects recorded under long-term financial investments by 1.4 million euros. The downward revisions will affect the financial results of the company for the 12th month and IV quarter of 2011 in the total amount of 5.95 million euros, of which 2.4 million euros is associated with the downward revision of real property in Latvia, 2.25 million euros in Estonia and 1.3 million euros in Lithuania. The downward revaluation of the real property will not impact the construction activities of the company. AS Merko Ehitus will publish its 2011 12 months and IV quarter consolidated interim report on 22 February 2012, after the stock market closes. Andres Trink Chairman of Management Board +372 680 5400 [email protected]