Annual Report 2009/2010 Geschäftsbericht 2009/2010 ... - biolitec AG

118 Annual Financial Statement Konzern-Jahresabschluss
The adjustment was done due to the following discoveries and circumstances:
11. The increase of production costs are due to
a. corrections of the first-time recognition of re-evaluated CeramOptec GmbH’s partial-cost inventories
in favor of unrealized profit since this re-evaluation would have had to be done previously (KEUR 1,536).
b. the further development of the opening balance’s full cost re-evaluation of CeramOptec GmbH’s inventories
amounting to KEUR 1,657 to the remaining value of the full cost re-evaluation amounting to
KEUR 1,536 recognized for inventories at the due date at a total of KEUR 121 as well as
c. corrections of unrealized profit of internal transactions (KEUR 1,240) from the business year 2008/2009.
The correction items can be broken down as follows:
K Euro
a) Adjustment of recognition of full cost re-evaluation (1,536)
b) Reduction of full cost re-evaluation from the opening balance sheet (121)
c) Unrealized profits related of the fiscal year 2008/2009 (1,240)
(2,897)
12. The correction of income tax solely affects deferred taxes from aforementioned corrections.
13. The group’s consolidated result as well as the result effecting equity holders of the parent company
are adjusted accordingly.
14. The adjusted accumulated profit results from adjustments of the opening balance as of 1 July 2008
(refer to comments N°4).
15. The net earning is adjusted accordingly.
16. Other presented changes result from mathematical adjustments of the profit and loss statement
due to aforementioned correctional measures.
17. The result per share changes accordingly.
The corrections have to effect on minority shareholders.