Kardan N.V. reported unaudited consolidated financial results for the third quarter and nine months ended Sep. 30, 2016. For the quarter, total revenues were €30,249,000 against €42,822,000 for the same period of last year. Loss from operations was €4,218,000 against €3,687,000 for the same period of last year. Loss before income taxes was €18,936,000 against €1,156,000 for the same period of last year. Net loss attributable to equity holders was €3,349,000 against profit of €4,325,000 for the same period of last year. Diluted loss per share was €0.03 against EPS of €0.03 for the same period of last year. Net cash used in operating activities was €24,290,000 against inflow of €21,275,000 for the same period of last year. Acquisition of tangible fixed assets and investment properties was €829,000 against €1,996,000 for the same period of last year. For the nine months, total revenues were €96,256,000 against €133,061,000 for the same period of last year. Loss from operations was €4,657,000 against profit of €15,327,000 for the same period of last year. Loss before income taxes was €32,439,000 against €31,284,000 for the same period of last year. Net loss attributable to equity holders was €9,219,000 against €4,857,000 for the same period of last year. Diluted loss per share was €0.08 against €0.04 for the same period of last year. Net cash used in operating activities was €56,711,000 against inflow of €8,669,000 for the same period of last year. Acquisition of tangible fixed assets and investment properties was €5,303,000 against €33,644,000 for the same period of last year.