Brief: Pharol Amends Agreement With Oi

Pharol SGPS SA

13/12/2024 16:52

Dec 13 (Reuters) - Pharol SGPS SA  PHRA.LS :
    * CLARIFIES CANCELLATION OF EUR 26.2 MILLION LIABILITY TO
HAVE
POSITIVE IMPACT ON RESULTS IN THE TAX ITEM
    * 26.2 MILLION EURO OF REFUNDS FROM AUTHORITY TAX IS ALREADY
NET
OF 22MLN EUROS OF PAST TAX CONTINGENCIES COSTS
    * 22 MILLION EUROS WILL NOT HAVE IMPACT ON FINANCIAL
STATEMENTS
    * ALSO CLARIFIES POTENTIAL FUTURE REFUNDS FROM THE TAX
AUTHORITY
OF TAXES PREVIOUSLY PAID BY PHAROL BELONG TO PHAROL
    * THIS FACT ALSO HAS NO IMPACT IN CURRENT CO'S STATEMENTS AS
THERE
IS NO FORECAST OF FUTURE OCCURRENCE

Source text: https://tinyurl.com/4m6wc8pn
Further company coverage:  PHRA.LS 

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