Visteon Corp. officially announced its restatement of results for the three years ended in 2004, which were “within the ranges” the company projected a month ago when it initially warned about the revisions. It also finally reported its financials for the first three quarters of this year, thus removing itself from the growing list of delinquent filers.

Last month the auto-parts disclosed that it would restate results because it incorrectly recorded certain costs. An independent review determined that certain expenses for freight, raw materials, and other supplier costs originating in North America were recorded in periods after December 31, 2004, when they should have been recorded in prior periods.

In its latest regulatory filing, Visteon stated that its 2004 loss was revised upward by $40 million, to $1.54 billion; its 2003 loss was revised upward by $20 million, to $1.23 billion; and its 2002 loss was revised upward by $11 million, to $379 million.

“We are pleased to have completed the independent review and our required financial filings,” said chairman and chief executive officer Mike Johnston, in a statement. “Throughout this review process our employees have stayed focused on our customers and the many actions needed to make Visteon a success.”

The company had previously stated that many of the accounting errors resulted principally from improper conduct by two former non-executive finance employees responsible for the accounting oversight of these matters. One of the former employees reported to a financial vice president and the other worked at a lower level, spokesman Jim Fisher told Bloomberg a month ago.