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ANNUAL REPORT 2008 | 2009 - SinnerSchrader AG

ANNUAL REPORT 2008 | 2009 - SinnerSchrader AG

ANNUAL REPORT 2008 | 2009 - SinnerSchrader AG

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18Joint Status Report of <strong>SinnerSchrader</strong> <strong>AG</strong>Joint Status Report1 GeneralThe following Status Report is the joint ConsolidatedStatus Report and Group Status Report of Sinner-Schrader Aktiengesellschaft (“<strong>SinnerSchrader</strong> <strong>AG</strong>” or“<strong>AG</strong>”) for the <strong>2008</strong>/<strong>2009</strong> financial year, which coveredthe period from 1 September <strong>2008</strong> to 31 August <strong>2009</strong>.In particular, it shows the development of the income,financial, and asset status of the <strong>SinnerSchrader</strong>Group (“<strong>SinnerSchrader</strong>” or “Group”) and the <strong>AG</strong>in the <strong>2008</strong>/<strong>2009</strong> financial year and addresses thekey risks and opportunities and the probable futuredevelopment of business. Unless explicit reference ismade to the <strong>AG</strong>, the statements refer to the Group.The Consolidated Financial Statements for <strong>2008</strong>/<strong>2009</strong>were drawn up according to International FinancialReporting Standards (“IFRS”). The <strong>2008</strong>/<strong>2009</strong> AnnualReport of the <strong>AG</strong> follows German accounting regulations.The Status Report and the Group Status Report,particularly Section 10, contain statements and informationaimed at the future. These can be recognisedby the use of words such as “expect”, “anticipate”,“forecast”, “intend”, “plan”, “strive”, “estimate”,“become”, and “should”. Such forward-looking statementsare based on current knowledge, estimates,and assumptions. They therefore entail a numberof risks and uncertainties. A variety of factors, manyof which are outside <strong>SinnerSchrader</strong>’s sphere ofinfluence, have an impact on business developmentand its results. These factors mean that the actualfuture business development of <strong>SinnerSchrader</strong> andthe actual results achieved may differ significantlyfrom the explicit or implicit information in the forwardlookingstatements.

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