PKC Group Oyj Company Announcement 28 February 2011 15.50 am
ADDITIONAL INFORMATION ON ANNOUNCEMENT: PKC EXPANDS ITS CENTRAL EUROPEAN OPERATIONS BY ACQUIRING SEGU COMPANIES
With reference to the company announcement published today at 10.35 a.m. on the acquisition of the Segu companies, attached is additional information on the financial position of the target.
The main items of the balance sheet of the Segu companies at 31.12.2010:
| EUR million | Segu Systemelektrik GmbH |
Segu Polska Sp. z o.o. |
TZOV HBM Kabel Corp. |
| Fixed assets | 5.2 | 6.1 | 0.2 |
| Inventories | 6.4 | 2.5 | 0.0 |
| Other current assets | 1.5 | 0.1 | 0.1 |
| Equity | 10.1 | 0.3 | -0.3 |
| Provisions | 0.6 | 0.1 | 0.0 |
| Interest-bearing liabilities to banks | 5.1 | 1.6 | 0.0 |
| Non-interest bearing liabilities | 2.5 | 2.0 | 0.2 |
The figures have not been audited.
The company will publish comparison information on the historical financial performance in the release regarding the closing of the transaction.
PKC GROUP OYJ
Harri Suutari
President & CEO
For more information, please contact:
Harri Suutari, President & CEO, PKC Group Oyj, tel. +358 (0)400 384 937
DISTRIBUTION
NASDAQ OMX
Main media
www.pkcgroup.com
The PKC Group offers design and contract manufacturing services for wiring harnesses, cabling and electronics. The Group has production facilities in Finland, Brazil, China, Mexico, Poland, Estonia and Russia. The Group's net sales in 2010 totalled EUR 316.1 million. PKC Group Oyj is listed on NASDAQ OMX Helsinki Ltd.