- Extensive write-downs have a negative effect on the annual result of the financial year 2014
- Further need to write down and retirement from the stock exchange are being analysed.
Frankfurt / Main – June 26, 2015 – Nanostart AG is today publishing its annual financial statements for the financial year 2014. The financial year 2014 is concluded with a loss of EUR 8.88 million. Results were considerably impacted by value adjustments totalling EUR 8.40 million. The value adjustments refer to write-downs at ItN Nanovation AG, at Namos GmbH and in part to value adjustments at New Asia Investments Pte. Ltd., which was necessary due to the write-down of BioMers Pte. Ltd., as well as the loans to the subsidiary, VentureTech Equity-Partners GmbH.