Océ publishes its U.S. GAAP financial report for the 2006 financial year
Venlo, The Netherlands, March 16, 2007 – Océ today published its U.S. GAAP financial report for the 2006 financial year on Form 20-F and deposited it with the SEC [US Securities and Exchange Commission].
The results under U.S. GAAP differ significantly from those published on the basis of IFRS, specifically due to a different treatment of reorganisation costs, pensions and research & development expenditure.
The net income attributable to shareholders under U.S. GAAP for the 2006 financial year amounts to € 5.9 million (2005: € 8.2 million) and the equity attributable to shareholders amounts to € 961 million (2005: € 1,038 million).
Under IFRS the net income attributable to shareholders for 2006 is € 55.0 million (2005: € 79.9 million) and equity attributable to shareholders amounts to € 685 million (2005: € 711 million).
Form 20-F is available as from today on www.investor.oce.com.
Océ N.V.
March 16, 2007
For more information please contact:
Nick Gale
Manager Media Relations
Océ Technologies
Tel.: +31.77.359.5628
Email: nick.gale@oce.com