Gambro Won Tax Ruling


STOCKHOLM, Sweden, Nov. 27, 2003 (PRIMEZONE) -- Gambro AB (Stockholmsborsen:GAMBaST) (Stockholmsborsen:GAMBbST), a leading international medical technology and healthcare company, today announced that the Lower Tax Court (Lansratten) has confirmed the advance ruling by the Supreme Administrative Court regarding the fiscal acquisition value of previously divested ABB shares. The ruling means that Gambro has been given access to approximately MSEK 2,182 of carry-forward losses with a tax effect of MSEK 611. Together with an earlier ruling this corresponds to a tax saving of MSEK 894, which will be recognized as income in the fourth quarter 2003. There will not be any cash flow effect in 2003, but tax payments will be reduced in the coming years. The ruling might be appealed.

The fiscal acquisition value of the ABB shares have earlier been questioned by the tax authorities. Information concerning the fiscal acquisition value has been given in Gambro's Annual Report for 2002.

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http://www.waymaker.net/bitonline/2003/11/27/20031127BIT00190/wkr0001.doc

http://www.waymaker.net/bitonline/2003/11/27/20031127BIT00190/wkr0002.pdf



            

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