As a listed company active in the capital market, DVB is obliged to prepare
its consolidated financial statements in accordance with International
Financial Reporting Standards (IFRS).
The single-entity financial statements of DVB Bank SE are prepared in accordance with the German Commercial Code.
The management reports and the consolidated management reports are prepared in line with the structure and criteria set out in German Accounting Standard 20.
DVB continued to provide financing solutions and advisory services to its clients in the international transport sector during the first nine months of 2014, but results fell short of the previous year: consolidated net income before taxes was down 24.5%, to €72.6 million (9m 2013: €96.2 million). The strong fluctuation in net income from financial instruments in accordance with IAS 39 was a key factor contributing to this decline.
Nine-month results 2014
CEO Wolfgang Driese
© Copyright DVB Bank SE 2014
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