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Uniqa Insurance Group AG — Audit Report / Information 2019
Feb 5, 2021
764_iss_2021-02-05_033c4e3c-c2dd-4c1e-9520-ae5300f2dce6.pdf
Audit Report / Information
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Publication Date: 05.02.2021 13:11 EANS-Adhoc: UNIQA Insurance Group AG / Changed Carrying Amounts for Goodwill in Romania and Bulgaria Lead to a Correction of Earnings Before Taxes and Equity for 2019
Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Accounting and Audits 05.02.2021
Vienna - As a result of a change in the carrying amounts of goodwill for Bulgaria and Romania, there is a correction of earnings before taxes and Group equity of EUR 54.6 million for 2019.
As a consequence of an audit by the Austrian Financial Reporting Enforcement Panel, the Austrian Financial Market Authority determined that a model adjustment for the impairment test is required, without specifying the impact on amounts. As a result of the findings of the authorities, the growth assumptions and the discount rates used in the model are to be adjusted. An examination and assessment of these findings by UNIQA Insurance Group AG results in an impairment of the goodwill allocated to Bulgaria and Romania of EUR 54,6 million for the 2019 financial year.
Further inquiry note: Communication Klara Trautner UNIQA Insurance Group AG Tel: +43 1 211 75-3383 Mobil:+43 664 8230175 E-Mail: [email protected]
Investor Relations Michael Oplustil UNIQA Insurance Group AG +43 (0)1 21175 3773 +43 664 88915215 [email protected]
end of announcement euro adhoc
issuer: UNIQA Insurance Group AG Untere Donaustraße 21 A-1029 Wien phone: 01/211 75-0
FAX: mail: [email protected] WWW: http://www.uniqagroup.com ISIN: AT0000821103 indexes: WBI, ATX stockmarkets: Wien language: English
Aussendung übermittelt durch euro adhoc The European Investor Relations Service