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.
Overall, DVB considers Group developments during the first half of 2015 to be stable and satisfactory. Consolidated net income before taxes was up 4.6%, to €43.3 million (previous year: €41.4 million).
© Copyright DVB Bank SE 2015
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