zastosowanie przepisów MSSF - komunikat spółki BUWOG AG (buwog) - komunikat ESPI

Komunikat spółki

COMMON REPORT

	POLISH FINANCIAL SUPERVISION AUTHORITY
				UNI - EN REPORT No		39	/	39
	Date of issue:		2018-04-19
	Short name of the issuer
	BUWOG AG
	Subject
	Application of the newly applicable regulations of IFRS 15 in BUWOG Group
	Official market - legal basis
	Unofficial market - legal basis
	Contents of the report:
	As laid out in its Annual Report 2016/17, BUWOG Group will, on the basis of the for BUWOG Group mandatory new rules and regulations of IFRS 15, recognise sales of real estate inventories in its business area Property Development proportionally and period-based. Thus, revenues and costs of goods sold as well as contractual assets and liabilities will be recognised period-based and proportional to the duration of the respective project and its respective stage of completion (percentage-of-completion method). For its financial year 2018/19, BUWOG Group expects a positive impact merely accountingwise - on the Recurring FFO in the amount of approx. EUR 30mn in addition to its previously communicated outlook of EUR 150mn on the basis of the previously applicable accounting practice.
	Annexes
	File				Description
	2018-04-19 Adhoc_ENG final.pdf				Application of the newly applicable regulations of IFRS 15 in BUWOG Group

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)

(e-mail)

(web site)

ATU68290645

(NIP)

(REGON)

	SIGNATURE OF PERSONS REPRESENTING THE COMPANY
	Date	Name	Position / Function	Signature
	2018-04-19	Holger Lüth	Managing Director IR & Corporate Finance

Nazwa jednostki:	BUWOG AG
Nazwa skrócona jednoskti:	BUWOG AG
Adres:	Hietzinger Kai 131, 1130 Wiedeń
Telefon:	+43 1 87 828 12 05
Fax:	+43 1 87 828 52 05
NIP:	ATU68290645