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2013-03-26 13:20:00 CET 2013-03-26 13:20:06 CET REGULATED INFORMATION Cencorp - Annual report/ annual accountsCENCORP CORPORATION: THE DISCLOSURE OF THE ANNUAL REPORT 2012 AND THE CORPORATE GOVERNANCE STATEMENTCencorp 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. |
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