IR CONTACT
Dr. Joachim Rumpf
Tel: +49 (0) 89 28 69 53 -236
Email: ir@cashlife.de
NEWS
cash.life-group posted loss of 0.7 million euros for Q1 through Q3
On the 15th of November cash.life-group published its interim financial statement for the third quarter 2011, posting a loss of 0.7 million euros for the first three quarters of 2011. The loss resulted from recently concluded interest rate swaps with terms of three and four years respectively. cash.life uses the swaps to hedge its' refinancing risk. The loss concerns the total term of the swaps.
For further information, please consult the interim financial statement published in German on our website.