There are indications that spurious balance confirmations had been provided from the side of the trustee respectively of the trustee’s account holding banks to the auditor in order to deceive the auditor and create a wrong perception of the existence of such cash balances or the holding of the accounts for to the benefit of Wirecard group companies. The Wirecard management board is working intensively together with the auditor towards a clarification of the situation.
In light of the above the audit of the annual and the consolidated financial statements 2019 will not be concluded as planned by June 18, 2020. A new date will be announced. If certified annual and consolidated financial statements cannot be made available until June 19, 2020, loans made to Wirecard AG amounting to approximately EUR 2 billion can be terminated.
Wirecard AG
Einsteinring 35
85609 Aschheim
Telefon: +49 (89) 4424-1400
Telefax: +49 (89) 4424-1500
http://www.wirecard.de
Director Public Relations
Telefon: +49 (89) 44240-424
Fax: +49 (89) 44240-524
E-Mail: iris.stoeckl@wirecard.com
