The company Ukrzaliznytsia deny approval of the Minister of infrastructure Volodymyr Omelyan about the deteriorating financial performance of the company.

“The data of the Minister of infrastructure regarding deterioration of the financial result of the company Ukrzaliznytsia is incorrect and untrue. Such inaccurate information may have negative consequences for the financial results of the company, its solvency and cause deterioration of the investment attractiveness of the company and the sovereign debt of Ukraine”, – said the press service.

In the us note that for correct analysis the calculations of the Minister not taken into account the impact of factors such as the accrual and increased costs in the first half of the provision is provision in accordance with IAS 37 “provisions, contingent liabilities and contingent assets”; the effect of inflation on operating expenses and the like.

Ukrzaliznytsia denies the statement Omelyana on the financial status 08.08.2017

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