LONDON (Dow Jones)--Speymill Deutsche Immobilien Co PLC (SDIC.LN), a pan-German residential property investment company said Friday that accounting for a provision in relation to bad debts provision, together with a further provision in relation to an element of rental guarantees is considered doubtful and additional fund level expenses in relation to the current restructuring process, it is now expected to make a funds from operations loss of EUR12.5 million for the financial year ended June 30. MAIN FACTS: -The Company's cash flow forecasts do not currently include any recovery of these bad debts and, therefore, should GOAL be able to recover some of these bad debts, it would have a positive impact on the cash position. -Board feels it is necessary to make an additional substantial provision in relation to these bad debts but this will not effect the Company's current cash position. -Shares at 1223 GMT down 0.8 pence, or 14.3%, at 5.0 pence. By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; iain.packham@dowjones.com (END) Dow Jones Newswires July 30, 2010 08:28 ET (12:28 GMT)