1 General
The following Status Report is the joint Consolidated Status Report and Group Status Report of SinnerSchrader Aktiengesellschaft (“SinnerSchrader AG” or “AG”). It shows the business development of the SinnerSchrader Group (“SinnerSchrader” or “Group”) and the AG, including the business results for the 2005/2006 financial year, from 1 September 2005 to 31 August 2006, as well as the situation of the Group and the AG as of the reporting date 31 August 2006. Unless explicit reference is made to the AG, the statements refer to the Group.
The Group’s Consolidated Financial Statements, to which this Status Report refers, have been drawn up according to the International Financial Reporting Standards (“IFRS”) for the first time for the 2005/2006 financial year; these standards are binding for all consolidated financial statements of companies listed on stock exchanges in the European Union for financial years that started after 1 January 2005. The statements of the previous year have been adjusted to IFRS in accordance with the rules for the conversion of accounts and are therefore comparable. The Annual Report of the AG still follows the German
accounting regulations.
The Status Report and the Group Status Report contain forward-looking statements and information, especially Section 7. These can be recognised by the use of words such as “expect”, “anticipate”, “forecast”, “intend”, “plan”, “strive”, “estimate” and “become”. Such forward-looking statements are based on current knowledge, estimates and assumptions and therefore entail a number of risks and uncertainties. A variety of factors, many of which are outside SinnerSchrader’s sphere of influence, have an impact on business development and results. This means that the actual future business development of SinnerSchrader and the actual results achieved may differ significantly from the explicit or implicit information in the forward-looking statements.
