Telia: Losses of £125 thousand due to heavy sea
12/2/2007 10:39
In order to fully inform the shareholders and the investing public in general, we wish to announce the following:
Due to the heavy sea on February 6, 2007, which hit the area around our fish farm, near Liopetri River, Xylofagou, Larnaca, our sea plants have suffered losses that are not expected to exceed £125.000 (€217.000). The loss has been calculated based on the method of the current net value of fish fattening, pursuant to the International Accounting Standard 41.
Due to the heavy sea on February 6, 2007, which hit the area around our fish farm, near Liopetri River, Xylofagou, Larnaca, our sea plants have suffered losses that are not expected to exceed £125.000 (€217.000). The loss has been calculated based on the method of the current net value of fish fattening, pursuant to the International Accounting Standard 41.
