Management Company
“Mariupol Investment Group”

+380(629)482547

info@ukmig.com.ua

INDEPENDENT AUDITING COMPANY CONFIRMED MARIUPOL INVESTMENT GROUP FINANCIAL STATEMENTS ACCORDANCE TO INTERNATIONAL FINANCIAL REPORTING STANDARDS.

In the framework of strategy realization for raising corporate governance standards, business transparency and quality of information disclosure «Management Company» Mariupol Investment Group» LLC (further – “MC “MIG”, LLC) reports about the preparation of combined financial statements for the perio

For the auditing financial statements Mariupol Investment Group attracted Kreston GCG Company, which presents in Ukraine international net Kreston International, the one of leading international organization in the field of audit and consulting services.

Auditor confirmed, that the compiled by Group combined financial statements reliably reflects its financial condition and financial results in accordance with IFRS request.

As the result of work in 2017 Group sales income was 5,8 million dollars USA, net debt compared to 2016 reduce by 9 times, which in turn influenced to growth of own capital for 31%, which size has reached 21,9 million dollars.

 

Bogdan Dudnikov, Financial Director of “MC “MIG”, LLC:

«This is very important develop milestone for us, because on the one hand, availability of financial statements accordance to International Financial Reporting Standards evidence that the Group ready to regularly confirm the transparency of its activities, and on the other hand it provides new opportunities for entrance to the debt capital market» - noted Financial Director of “MC “MIG”, LLC Bogdan Dudnikov.

 

Oleg Ivanyushenko, Co-founder and Executive Director of “MC “MIG”, LLC:

«At this moment some global investment projects were formed by Management Company, which implementation anyway will need to attract investments. Therefore, Group preparation of financial statements accordance to International Financial Reporting Standards is not only our long-term and consistent position of compliance to international management practices, it is also our practical «homework» for realization of our plans of development. »