Investor NewsCorrection - Nýherji's Q3 operating profit (EBITDA) was ISK 169mDecember 15, 2010
Published 2010-10-25 15:11:21


In not reviewed condensed consolidated interim financial statements published on 22 October 2010, the total amount of profit for the period and items in the statement of comprehensive income not affecting cash flow in operating activities was too low by ISK 210 million. Furthermore, changes in trade receivables and other short term receivables were misstated by the same amount. The error did not affect cash used in operating activities during the period or the statement of cash flows in any other way. The accompanying chart shows the adjustment.

The auditors of Nýherji hf. have finalized the review of the condensed consolidated interim financial statements for the first nine months of the year 2010. Attached are the interim financial statements including the audit report. No further changes were been made to previous interim financial statements, other than the adjustment of an error in the statement of cash flows.

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