13.05.2016 ProSiebenSat.1 Media SE  DE000PSM7770

DGAP-Adhoc: ProSiebenSat.1 Media SE makes provisions for additional tax payments relating to former Swedish business activities


 
ProSiebenSat.1 Media SE / Key word(s): Miscellaneous 13.05.2016 08:09 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad-hoc-notification pursuant to § 15 WpHG ProSiebenSat.1 Media SE makes provisions for additional tax payments relating to former Swedish business activities Unterföhring, 13 May 2016. The Executive Board of ProSiebenSat.1 Media SE was informed yesterday late evening that the appeal of a subsidiary of the Company against a first instance decision of a Swedish finance court was turned down by the appellate court. Subject matter of the dispute were additional tax payments for the years 2008 to 2013 which were imposed in connection with a tax audit of the Swedish business activities sold already back in 2013. For the respective additional tax payments totaling to the equivalent of approximately EUR 40 Mio. (including interest and tax penalties), the Company will make provisions in the same amount in the second quarter which will impact accordingly the Group's consolidated income after taxes of the current fiscal year. The provisions have to be shown as part of the income after taxes from discontinued operations. The Group's profit from continuing operations and the Group's underlying net income which is relevant for the dividend policy, as well as the positive outlook for 2016 are not affected thereby. 13.05.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: ProSiebenSat.1 Media SE Medienallee 7 85774 Unterföhring Germany Phone: +49 (0)89 9507-1151 Fax: +49 (0)89 9507-1184 E-mail: [email protected] Internet: www.prosiebensat1.com ISIN: DE000PSM7770 WKN: 777117 Indices: DAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart; Terminbörse EUREX; Luxemburg End of Announcement DGAP News-Service ---------------------------------------------------------------------------