2013-03-26 13:20:00 CET

2013-03-26 13:20:06 CET


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Cencorp - Annual report/ annual accounts

CENCORP CORPORATION: THE DISCLOSURE OF THE ANNUAL REPORT 2012 AND THE CORPORATE GOVERNANCE STATEMENT


Cencorp Corporation     Stock Exchange Release 26 March 2013 at 14:20 Finnish

time



THE DISCLOSURE OF THE ANNUAL REPORT 2012 AND THE CORPORATE GOVERNANCE STATEMENT



Cencorp Corporation's Annual Report 2012 has been published in a pdf format in
Finnish and in English on the company's website at 

http://www.cencorp.com/cencorp-s-investor-site/reports-and-presentations/. The
Annual Report will not be printed. 



The Annual Report includes the Report of the Board of Directors, the Financial
Statements, the Auditor's Report and the Corporate Governance Statement. 



The Corporate Governance Statement can also be found on the company's website at

http://www.cencorp.com/cencorp-s-investor-site/reports-and-presentations/.





The Auditors Report includes a so-called Emphasis of Matter. The Auditors
Report is of a standard format. The Auditor's Report 2011 also included the
same additional information. In further information point, the auditor states
as follows: 



“Emphasis of Matter



Without qualifying our opinion, we draw attention to the basis of preparation

of the financial statements and to Note 29: Financial risk management. The

financial statements have been prepared under the going concern assumption. The

continuity of operations requires the company to be able to obtain

supplementary funding and to negotiate changes to the terms of payment during

2013. The company has initiated discussions with its major financiers and

shareholders on measures to strengthen the financing position until the

company's cash flow is expected to return to positive. The company believes

that these measures will secure the sufficiency of working capital for the next

twelve (12) months. However, should the company fail to arrange financing, it

is possible that the company will not be able to realize its assets and repay

its liabilities within usual business operations to a sufficient extent or

quickly enough. This would jeopardize the company's operations in their current

form.”





Mikkeli, 26 March 2013



CENCORP CORPORATION



BOARD OF DIRECTORS







For more information:

Iikka Savisalo, President and CEO, tel. +358 405216082,

iikka.savisalo@cencorp.com



Distribution:

NASDAQ OMX, Helsinki

Main media

www.cencorp.com



Cencorp Corporation is a leading provider of industrial automation solutions.
The equipment included in the product portfolio designed for depaneling,
odd-form assembly, testing and laser materials processing substantially
improves the efficiency of customers' production. The product range also
includes EMI shielding solutions, RFID antennas, other flexible circuits
including for example conductive back sheets used in photovoltaic modules and
mobile phone antennas. Cencorp's customers are manufacturers of automotive
electronics, mobile phone antennas and photovoltaic modules as well as
manufacturers operating in telecommunications and in industrial automation.
Cencorp's head office is located in Mikkeli, Finland. The company is part of
the Finnish Savcor Group.