Ad hoc announcement pursuant to § 15 WpHG: DF Deutsche Forfait AG publishes figures for FY 2014

• Consolidated net loss of EUR 15.5 million
• Audit certificate granted for separate and consolidated financial statements
• Updated restructuring report confirms going concern prospect

DF Deutsche Forfait AG (Prime Standard, ISIN: DE0005488795) posted a consolidated net loss of EUR 15.5 million for the 2014 financial year (previous year: EUR -12.6 million). This equals to earnings per share of EUR -2.28 (previous year: EUR -1.85). The loss was essentially caused by the listing of DF Deutsche Forfait AG on the sanctions list of the Office of Foreign Assets Control (OFAC), an agency of the US Treasury. Due to the listing, DF Group was virtually unable to perform business for most of the 2014 financial year. Accordingly, the business volume declined from EUR 523.4 million to EUR 30.2 million. The consolidated gross result including financial results dropped from EUR -0.5 million to EUR -3.8 million in the fiscal year 2014. Administrative expenses increased by 12% to EUR 12.0 million primarily due to high legal and consulting expenses incurred in connection with the OFAC listing as well as the preparation of the financial restructuring. As a result of the consolidated net loss, DF Deutsche Forfait AG posted negative equity of EUR 5.3 million at the end of 2014 (previous year: positive equity of EUR 10.2 million).

The restructuring report (“IDW S6 Sanierungsgutachten”) updated in April 2015 confirms the going concern for DF Group. The confirmed going concern and audited consolidated financial statements 2014 represent the basis for a successful implementation of the planned capital increase against a contribution in kind and in cash.

The Annual Report 2014 (German version) will be published in the Investor Relations section on the company’s website today. The English version will be published shortly.