Disclosure Of Government Grants [Text Block]

OMV Petrom S.A. - Filing #1878806

Concept 2022-01-01 to
2022-12-31
Disclosure of government grants [text block]
“Other non-financial assets” line in 2022 mainly includes receivables from Romanian authorities in relation to the compensations for the natural gas sales at capped prices to clients allocated to the Company as Supplier of Last Resort and for electricity sales at capped prices, as well as receivables in relation with the subsidies supporting half of the RON 0.50 per liter voluntary price reduction for the sale of diesel and gasoline. These measures were introduced via several Government Emergency Ordinances in order to mitigate the consequences of the energy crisis.
Description of accounting policy for government grants [text block]
l) Government grants

Talk to a Data Expert

Have a question? We'll get back to you promptly.