Earnings Release • Dec 31, 2014
Earnings Release
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Laiki Capital Public Co Ltd (the "Company"), in accordance with the Cyprus Stock Exchange and Cyprus Securities and Exchange Commission Regulations, announces that its consolidated financial results for the year 2014 shall present lower losses compared to the consolidated financial results of the corresponding period of 2013.
The decrease in loss is mainly due to the fact that during 2013, the consolidated financial results of Group (where "Group" means the Company and its subsidiary, Laiki Financial Services Limited) showed an impairment on the cash amounted to €25,1 million, following the Decree for the Resolution of the Cyprus Popular Bank Public Co Ltd. Additionally, the decrease is due to lower losses from the revaluation of financial assets, own property and investment property.
LAIKI CAPITAL PUBLIC CO LTD
Maria Ioannou Achillides Company Secretary
Nicosia, December 31, 2014
CC.: Cyprus Securities and Exchange Commission
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