Spector Photo Group NV announced consolidated restatement of earnings results for 2010 and 2011. For 2010, the company reported a decrease in the result from continuing operations by EUR 7.8 million to minus EUR 7.7 million, the result adjusted for non-cash expenses remains unchanged. For 2011, the company reported a decrease in the result from continuing activities by EUR 0.7 million to minus EUR 2.8 million, the result adjusted for non-cash expenses remains unchanged. The company announced that the change in the amortization method and duration will be applied retroactively to the consolidated figures for 2010 and 2011, resulting in an additional amortization expense of EUR 8.9 million. This change will be applied retroactively in accordance with IAS 8.41.