Elektrobit Group Oyj - ELEKTROBIT GROUP RECORDS DEFERRED TAX RECEIVABLES TOTALING 6,5 MILLION EUROS
January 29, 2003
ELEKTROBIT GROUP RECORDS DEFERRED TAX RECEIVABLES TOTALING 6,5 MILLION EUROS
The Finnish tax authorities have given advance notice regarding the reclaim of losses by Finnish companies belonging to the Elektrobit Group. In its consolidated financial statements on December, 31, 2002 Elektrobit Group Plc. will record deferred tax receivables subject to adopted losses and subject to estimated losses during financial year 2002. According to calculations made, the deferred tax receivables will total approximately 6,5 million euros.
Oulunsalo January 29, 2003
Elektrobit Group Plc.
Board of Directors
