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| POLISH FINANCIAL SUPERVISION AUTHORITY | |
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| | | UNI - EN REPORT No | 40 | / | 40 |
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| Date of issue: | 2018-04-19 | | | | | | | | |
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| Short name of the issuer | | | | | | | |
| BUWOG AG | |
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| Subject | | | | | | | | | | |
| application of new IFRS 15 rules in Property Development starting in the 2018/19 financial year | |
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| Official market - legal basis | | | | | | |
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| Unofficial market - legal basis | | | | | |
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| Contents of the report: | | | | | | | | |
| Outlook for Recurring FFO of EUR 150 million for FY 2018/19 based on the previous accounting rules confirmed
In addition expected positive impact on Recurring FFO of around EUR 30 million as a result of the new regulations required for BUWOG
At the same time, expected dilutive effect on Recurring FFO per share through the acquisition of around 12 million new BUWOG shares by majority shareholder Vonovia SE from the conversion of the convertible bond
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| Annexes | | | | | | | | | | |
| File | Description | |
| 2018_04_19_PM_BUWOG_POC_IFRS15_final EN.pdf | application of new IFRS 15 rules in Property Development starting in the 2018/19 financial year | |
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| | BUWOG AG | | |
| | (fullname of the issuer) | | |
| | BUWOG AG | | | | |
| | (short name of the issuer) | | (sector according to clasification
of the WSE in Warsow) | | |
| | 1130 | | Wiedeń | | |
| | (post code) | | (city) | | |
| | Hietzinger Kai | | 131 | | |
| | (street) | | (number) | | |
| | +43 1 87 828 12 05 | | +43 1 87 828 52 05 | | |
| | (phone number) | | | (fax) | | |
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| | (e-mail) | | | (web site) | | |
| | ATU68290645 | | | | |
| | (NIP) | | | (REGON) | | |
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SIGNATURE OF PERSONS REPRESENTING THE COMPANY | |
| Date | Name | Position / Function | Signature | |
| 2018-04-19 | Holger Lüth | Managing Director IR and Corporate Finance | | |
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