The association plans to release its official year-end results at its annual meeting in February.

Digital released its year-end financial results after the close of the market yesterday.

The true extent of the financial damage will only be known when the company announces its year-end results at the end of July.

The company had previously signaled that its year-end results would be affected by the charges.

He also established the group's first pension fund and radically improved its financial communications, using films to explain year-end results to staff.

They expect the year-end result to crash from £211m to about £160m to £170m.

The announcement came as Cablevision released year-end financial results showing that profits slipped to $90.1 million from $1 billion last year.

He added that even though year-end results were not yet in, sales and earnings would set records for all of 1993, prior to the special charge.

His 1990 salary will not be determined until year-end results are in.

The company said it was looking for another firm to audit its year-end results.