: :inin Kyiv (EET)

Putin: Gazprom has ‘no real cash flow’


The final decision on the exact amount of Gazprom’s profit share that will be spent on dividends has not yet been made, as stated by Russian President Vladimir Putin on May 15, responding to a question at a press conference in Beijing. The President noted that Gazprom “has no real cash flow.”
The Head of State noted that he had discussed this issue with Prime Minister Dmitry Medvedev before his departure for China and that the decision would take into account the fact that a significant part of Gazprom’s profits is “on paper.”
“According to IFRS (International Financial Reporting Standards), a company …read more

Source: UaWire

World press about Ukraine

World press about Ukraine

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