Moulin Global Eyecare Holdings has warned it might be in breach of stock exchange rules after delaying publication of its results for last year until later next month. It also says its $1.7 billion credit facility might be affected. A Moulin announcement said yesterday the delay and its share trading suspension might 'have a material impact on the financial conditions of the company'. 'However, its principal bankers did not indicate that their credit facilities to the company will be affected'. Commenting on the results delay, Deloitte Touche Tohmatsu, which resigned as Moulin's auditor on April 18 when its shares were suspended until further notice, yesterday said: 'In its announcement, Moulin set out a number of difficulties we encountered as auditors which prevented us furnishing our audit report within the required timeframe.' The world's third-largest eyewear firm admitted Deloitte 'had raised concerns with regards to audit evidence, errors in accounting treatment for certain intangible and fixed assets, and whether the company has proper internal controls'. In response to a South China Morning Post report yesterday in which Moulin blamed its disagreements with Deloitte for the failure of a $320 million convertible bond issue dropped last week, Deloitte said: 'We have fully complied with our duties as auditors.'' Analysts have said Moulin had planned to use the bond issue to pay off bank loans stemming from its $450 million acquisition last month of the United States' second-largest optical retail chain, Eye Care Centres of America. Moulin has said the bond issue proceeds were to be used as working capital.