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EQS-Ad-hoc: niiio finance group AG / Key word(s): Miscellaneous
niiio finance group AG: Update: Impairment at niiio finance group AG
18-Jun-2024 / 18:03 CET/CEST
Update of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
niiio finance group AG: Ad-hoc reporting according to Art. 17 MAR
Update: Impairment at niiio finance group AG
Görlitz, 18.6.2024
In connection with the audit of the annual accounts of financial year 2023 and in co-operation with the Company's
auditor, the executive board of niiio finance group AG has identified an additional requirement for impairment
regarding DSER GmbH in the amount of 1.12m EUR. Together with the downward adjustment published ad hoc on 21.5.2024 in
the amount of 3.14m EUR, the test of balance sheet values (impairment test) leads to a downward adjustment of the
carrying value of DSER GmbH in the Company's accounts of 4.26m EUR in total, to a carrying value of 6.3m EUR.
The additional impairment was triggered by an update of the discount rate used for the impairment test which had to be
increased in deviation from prior years' values.
The impairments published ad hoc today and on 21.5.2024 will affect the results in niiio finance group AG's stand-alone
accounts by a one-off effect of 4.26m EUR and will in parallel negatively affect the goodwill in group accounts by the
same amount.
Kontakt:
Johann Horch
E-Mail: ir@niiio.finance
Telefon: +49 35 81 / 374 99 - 0

End of Inside Information
18-Jun-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press
Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      niiio finance group AG 

Elisabethstraße 42/43
02826 Görlitz
Germany

Phone:        +49(0)611 - 205855-64 
Fax:          +49(0)611 - 205855-66 
E-mail:       ir@niiio.finance 
Internet:     www.niiio.finance 
ISIN:         DE000A2G8332 
WKN:          A2G833 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1928037 

End of Announcement EQS News Service
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1928037 18-Jun-2024 CET/CEST

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END) Dow Jones Newswires

June 18, 2024 12:03 ET (16:03 GMT)