Brief: Bumech Completes Accounting Of PG Silesia Acquisition

Bumech SA

02/05/2022 07:32

May 2 (Reuters) - Bumech SA  BMCP.WA :
    * SAID ON SUNDAY IT HAS COMPLETED FINAL ACCOUNTING OF BUYING
99.975% STAKE IN UNIT PG SILESIA INCLUDING ASSIGNMENT OF
RECEIVEABLES
    * FINANCIAL IMPACT OF STAKE PURCHASE SETTLEMENT IS ABOUT 284
MILLION ZLOTYS AND WILL INCREASE GROUP'S OTHER OPERATING REVENUE
    * FINANCIAL IMPACT OF RECEIVEABLES PURCHASE SETTLEMENT IS
ABOUT 90
MILLION ZLOTYS AND WILL INCREASE STANDALONE FINANCIAL REVENUE
    * ALSO UNIT PG SILESIA HAS IDENTIFIED NEED TO REVERSE
IMPAIRMENT
OF ABOUT 528 MILLION ZLOTYS AS RESULT OF TEST WITHOUT IMPACT ON
GROUP'S FINANCIAL RESULTS

    
    
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