Senator reports 2001 loss

Co. expects positive results for 2002 driven by int'l biz

COLOGNE — German film dealer Senator ended 2001 in the red but expects to profit on enhanced international activities in 2002.

Sales rose 30% to €140 million ($122 million) while after-tax profit fell from $1 million to a loss of $3.7 million due to higher writeoffs, which include the company’s involvement in theater chain CinemaxX.

Senator expects stable sales and a positive result for this year, driven by growth in its international business through L.A.-based Senator Intl.

Pics in Senator’s program include “Black Hawk Down.”

Earlier this week, Senator denied press allegations that it was involved in sham transactions for a film package.

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