Incap's Annual Report and Corporate Governance statement published
INCAP CORPORATION STOCK EXCHANGE RELEASE 24 March 2011 at 8.45 a.m.
INCAP'S ANNUAL REPORT AND CORPORATE GOVERNANCE STATEMENT PUBLISHED
Incap Corporation's annual report, which includes the consolidated financial statements for 2010, has been published in Finnish and in English. The report is available in PDF form on the company's website at www.incap.fi/Media/Annual report. The annual report has been published only in electronic format.
The annual report includes among others the report of the Board of Directors, consolidated financial statements and the auditor's report. The auditor has in its report wanted to draw attention to the issues described in the report of the Board of Directors and in paragraph 26 of notes to financial statements of that company's estimation of the adequacy of the financing for the following twelve months' working capital needs include uncertainty. The set result estimate and the targeted turnover rate of inventories create uncertainty to working capital as well company's ability to meet the financing covenants of a financing agreement.
Incap has published the corporate governance statement as a separate document, which is available on the company's website at www.incap.fi/Investors/Corporate Governance.
President and CEO
Sami Mykkänen, President and CEO, tel. +358 40 559 9047
Eeva Vaajoensuu, CFO, tel. +358 40 763 6570
Hannele Pöllä, Director, Communications and HR, tel. +358 40 504 8296
NASDAQ OMX Helsinki Ltd
Annual report and financial statements including report of the Board of Directors and Auditor's report
Corporate governance statement
INCAP IN BRIEF
Incap Corporation is an internationally operating contract manufacturer whose comprehensive services cover the entire life-cycle of electromechanical products from design and manufacture to maintenance services. Incap's customers include leading equipment suppliers in energy efficiency and well-being technologies, for which the company produces competitiveness as a strategic partner. Incap has operations in Finland, Estonia and India. The Group's revenue in 2010 amounted to approx. EUR 59 million and the company currently employs approx. 730 people. Incap's share is listed on the NASDAQ OMX Helsinki. Additional information: www.incap.fi.