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PJSC "Agrarian Fund" has passed the international financial audit for 2018

PJSC "Agrarian Fund" has passed the international financial audit for 2018, which was conducted by LLC "BAKER TILLY UKRAINE". The corresponding decision was made by the Order of the Ministry of Agrarian Policy No. 218 dated 19.04.2019.

The audit opinion can be found on the official website of the National Securities and Exchange Commission and on the Company's website under the Information disclosure, Consolidated financial statements and auditor's conclusions. 

According to the results of the consolidated audit, PJSC “Agrarian Fund” confirmed net profit before adjustment at the level of 152 million hryvnias. The main adjustment items were as follows: writing off the cost of goods that are recorded at the warehouses located in the Crimea and in the area of the JFO (Joint Forces Operation), overpayment of income tax and accrual of unused vacations. Accordingly, taking into account adjustments, the net profit under the international standards amounted to 46.3 million hryvnias in 2018.

Year

Net profit

according to the consolidated financial statements,

million hryvnias

Net profit

under the audit results,

million hryvnias

2018

152

46.3

At the same time, the net profit of PJSC “Agrarian Fund” amounted to 147 million hryvnias in 2018 and will later be used for payment of dividends and formation of reserve fund.

 

Press Service of PJSC "Agrarian Fund"