4/2013
The Management Board of Boryszew S.A. informs that it has taken today a decision to cancell a forecast of financial results of Boryszew Capital Group for 2012, released in the current report no 8/2012 of 15 March 2012.
This decision is connected with non underestimating by the Company’s subsidiary the value of estate located at Łucka Street in Warsaw, as it has not obtained the legal building permit for the project, which is to be realized on this real estate.
The Management Board of Boryszew S.A. in the forecast released on 15 March 2012 pointed the fact that it had a positive influance on the one-off events, such as revealing the value of investment real properties. The underestimating of the value of real estate located at Łucka Street in Warsaw was one of the key elements of the published forecast.
At the same time the Management Board of Boryszew S.A. decides not to release the new 2012 financial results’ forecast of Boryszew Capital Group.
Signatures:
Piotr Szeliga – President of the Management Board