Report Publication Announcement • Apr 29, 2015
Report Publication Announcement
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The Board of Directors of the Public Company Woolworth (Cyprus) Properties Plc, in the meeting that took place on 28 April 2015, reviewed and approved the Financial Statements of the Company and the Group for the year 2014.
The Audited Consolidated Financial Results of the Group for the year ended 31 December 2014 are decreased by $65.279.153$ compared to the Indicative Results which were announced in February 2015. This difference is mainly due to the $\epsilon$ 5 million which represents an unrealised loss arising from the revaluation of the financial assets which are valued at fair value. A decision relating to this matter was taken during the Board of Directors meeting yesterday.
The Audited Consolidated Financial Statements of the Group are sent to the Cyprus Stock Exchange and can be found on the website of the Company www.woolworthgroup.com.cy.
The date of the Annual General Meeting of the Company will be announced later.
George Mitsides Company Secretary
Nicosia, 29 April 2015
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