STUTTGART, March 27 /PRNewswire-FirstCall/ -- DaimlerChrysler (stock- exchange abbreviation DCX) will not publish its interim report on the first quarter of 2007 on April 26 as was originally planned, but on May 15, 2007. This change of date has been caused solely by delays with the preparation of the financial statements for the year 2006 and with the parallel work for the IFRS financial statements, which have also had an impact on the timeframe for the quarterly financial statements. As previously announced, in the 2007 financial year, DaimlerChrysler will change over its accounting and financial reporting from US GAAP to International Financial Reporting Standards (IFRS). For comparative reasons, this also necessitates the preparation of retroactive IFRS financial statements for the year 2006. The change of schedule was caused by delays with the preparation of the financial statements for the year 2006 according to US GAAP and IFRS in the first two months of this year. It was not possible to compensate for these delays in the following weeks.
As a first step, DaimlerChrysler intends to publish its consolidated financial statements for the year 2006 according to IFRS on April 26, 2007. The interim report on the first quarter of 2007 is to follow on May 15, 2007.
Source: DaimlerChrysler AG
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