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Mirant certifies financial results

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Posted 6:31PM on Wednesday 14th August 2002 ( 22 years ago )
ATLANTA - An energy trading an marketing company in Atlanta has certified its financial results for 2001. <br> <br> Mirant Corporation made the certification Wednesday, responding to an informal inquiry by the Securities and Exchange Commission into possible accounting mistakes. <br> <br> The inquiry earlier this month was prompted by Mirant&#39;s disclosure that it might have misstated $253 million in assets and liabilities in 2001. <br> <br> Mirant says it is working to resolve issues related to an overstatement of $85 million overstatement of the value of a natural gas inventories. <br> <br> The company has not determined how this issue will affect its statements of income or for what time periods. But it says this unresolved issue does not represent a material error to previous financial statements. <br> <br> Marce Fuller, president and chief executive, says any mistakes made were not intentional and are the result of human error. <br> <br> Mirant shares closed at $3.16 on the New York Stock Exchange Wednesday.

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