International Financial Reporting Standards

Sheremetyevo Switches to Consolidated Reporting System

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星期一, 二月 22, 2021

MOSCOW, Feb. 22, 2021 /PRNewswire/ -- Sheremetyevo International Airport (SIA) has rolled out a new automated system for consolidated reporting using the SAP Financial Consolidation (FC) solution.

Key Points: 
  • MOSCOW, Feb. 22, 2021 /PRNewswire/ -- Sheremetyevo International Airport (SIA) has rolled out a new automated system for consolidated reporting using the SAP Financial Consolidation (FC) solution.
  • The SAP FC module makes it possible to automate two processes: preparing consolidated financial statements in accordance with IFRS requirements and generating consolidated management statements in accordance with RAS and IFRS requirements.
  • The SAP solution supports consolidation of planned, actual and forecast data categories for each reporting period.
  • Airport specialists use consolidation tools with a built-in control system using more than 500 indicators in their work, which allows them to develop reliable reporting for internal and external use.

TerrAscend Preannounces Strong 2020 Results - Full Year Net Sales of $198 Million and Adjusted EBITDA of $60 Million

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星期五, 二月 19, 2021

TerrAscend operates an award-winning chain of Apothecarium dispensary retail locations as well as scaled cultivation, processing, and manufacturing facilities on both the East and West coasts.

Key Points: 
  • TerrAscend operates an award-winning chain of Apothecarium dispensary retail locations as well as scaled cultivation, processing, and manufacturing facilities on both the East and West coasts.
  • TerrAscend's best-in-class cultivation and manufacturing practices yield consistent, high-quality cannabis, providing industry-leading product selection to both the medical and legal adult-use market.
  • These terms are not defined by IFRS and, therefore, may not be comparable to similar measures provided by other companies.
  • Adjusted EBITDA is a non-IFRS measure which management uses to evaluate the performance of the Company's business as it reflects its ongoing profitability.

PJSC RusHydro: RusHydro announces 2020 RAS results

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星期五, 二月 19, 2021

EBITDA in 2020 increased by 18% to RUB 92,282 as compared to RUB 78,237 in 2019.

Key Points: 
  • EBITDA in 2020 increased by 18% to RUB 92,282 as compared to RUB 78,237 in 2019.
  • The Company's equity in 2020 increased by 4% to RUB 885,310 mn against RUB 851,970 mn as of the beginning of the reporting year.
  • The full financial statements are available on the Company's website at: http://www.eng.rushydro.ru/investors/reports
    RusHydro Group will announce consolidated 2020 IFRS results on March 2, 2021.
  • In September 2020 following completion of construction and necessary corporate procedures Zaramagskaya head HPP and Zaramagskaya HPP-1 were bought back by PJSC RusHydro.

Globant Reports 2020 Fourth Quarter and Full Year Financial Results

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星期四, 二月 18, 2021

Note that reconciliations between Non-IFRS financial measures and IFRS operating results are disclosed at the end of this press release.

Key Points: 
  • Note that reconciliations between Non-IFRS financial measures and IFRS operating results are disclosed at the end of this press release.
  • Globant completed the fourth quarter with 16,251 Globers, 15,290 of whom were technology, design and innovation professionals.
  • "I am very satisfied with our overall results for the fourth quarter and full year 2020.
  • Martn Migoya and Juan Urthiague will discuss the full year and fourth quarter 2020 results in a conference call today beginning at 4:30pm ET.

EURO Ressources reports earnings for the year ended December 31, 2020

Under French GAAP, EURO reported a net profit of 10.8million (0.173 per share) for the year ended December 31, 2020, compared to 16.2million (0.259 per share) for the year ended December 31, 2019.

Key Points: 
  • Under French GAAP, EURO reported a net profit of 10.8million (0.173 per share) for the year ended December 31, 2020, compared to 16.2million (0.259 per share) for the year ended December 31, 2019.
  • Under IFRS, EURO reported a net profit of 14.0million (0.223 per share) for the year ended December 31, 2020, compared to 16.0million (0.255 per share) in 2019.
  • Under French GAAP, EURO recorded revenues of 19.2 million in 2020, lower than revenues of 24.2 million reported in 2019.
  • No impairment charges were recorded in the statement of earnings for the year ended December 31, 2020.

PhosAgro's Board of Directors Recognised the Company's Successful Performance in 2020

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星期四, 二月 18, 2021

Moscow - The Board of Directors of PhosAgro (Moscow Exchange, LSE: PHOR), one of the world's leading vertically integrated phosphate-based fertilizer producers, has recognised the Company's successful operational and financial results for FY 2020.

Key Points: 
  • Moscow - The Board of Directors of PhosAgro (Moscow Exchange, LSE: PHOR), one of the world's leading vertically integrated phosphate-based fertilizer producers, has recognised the Company's successful operational and financial results for FY 2020.
  • Summing up the Company's performance in FY 2020, Chairman of the Management Board, Chief Executive Officer, and Member of the Board of Directors of PhosAgro Andrey Guryev noted:
    "Despite the clear difficulties caused by the pandemic, 2020 was another extremely successful year for PhosAgro.
  • The Board of Directors received the Company's financial results for FY 2020, the consolidated IFRS financial statements for FY 2020 and the annual financial statements.
  • The meeting also approved the report of the Company's Internal Audit Commission on the division's work in 2020 and reviewed reports by members of the Company's Board of Directors on the work of their respective committees in 2020.

Amerigo Reports Strong 2020 and Q4-2020 Financial Results

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星期四, 二月 18, 2021

These performance measures should not be considered in isolation as a substitute for measures of performance in accordance with IFRS.

Key Points: 
  • These performance measures should not be considered in isolation as a substitute for measures of performance in accordance with IFRS.
  • This news release contains certain forward-looking information and statements as defined in applicable securities laws (collectively referred to as "forward-looking statements").
  • These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such statements.
  • Other events or circumstances could cause our actual results to differ materially from those estimated or projected and expressed in, or implied by, our forward-looking statements.

PhosAgro 4Q and FY 2020 IFRS Results Announcement Date

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星期三, 二月 17, 2021

On 19 February 2021, PhosAgro will publish its reviewed consolidated IFRS financial statements for the fourth quarter ended 31 December 2020.

Key Points: 
  • On 19 February 2021, PhosAgro will publish its reviewed consolidated IFRS financial statements for the fourth quarter ended 31 December 2020.
  • The Company will hold a conference call and webcast the same day at 14:00 London time (17:00 Moscow; 9:00 New York).
  • The call will be held in English, with simultaneous translation into Russian on a separate line.

Moody’s Analytics Signs Cocolife, Continues RiskIntegrity™ for IFRS 17 Expansion in Asia

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星期三, 二月 17, 2021

Moodys Analytics today announced that Philippines-based life insurance company Cocolife will use the Moodys Analytics RiskIntegrity for IFRS 17 solution to support its implementation of the new IFRS 17 accounting standard.

Key Points: 
  • Moodys Analytics today announced that Philippines-based life insurance company Cocolife will use the Moodys Analytics RiskIntegrity for IFRS 17 solution to support its implementation of the new IFRS 17 accounting standard.
  • Cocolife selected the RiskIntegrity for IFRS 17 solution for its breadth of functionality and out-of-the box calculations and analytical capabilities, which help life and non-life insurers address the demanding data volume and new calculations needed for the IFRS 17 standard.
  • Designed to support the needs of actuaries, finance, and IT professionals, the RiskIntegrity for IFRS 17 solution comes with the capabilities required for an efficient implementation of the standard.
  • By selecting the Moodys Analytics RiskIntegrity for IFRS 17 solution, we are assured that we have the software to efficiently address our financial reporting needs, enabling us to focus on our business of serving our customers and improving lives.

Nickel 28 Releases Ramu Q4 and Full Year 2020 Performance

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星期二, 二月 16, 2021

A. Nickel 28 has included certain performance measures in this press release that do not have any standardized meaning prescribed by international financial reporting standards (IFRS) including (Cash Cost Actual.

Key Points: 
  • A. Nickel 28 has included certain performance measures in this press release that do not have any standardized meaning prescribed by international financial reporting standards (IFRS) including (Cash Cost Actual.
  • Ramu provides Conic with significant attributable nickel and cobalt production thereby offering our shareholders direct exposure to two metals which are critical to the adoption of electric vehicles.
  • In addition, Conic manages a portfolio of 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia and Papua New Guinea.
  • This news release contains certain information which constitutes forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws.