Mark Rollins, CEO of PJSC Ukrnafta, reported on his company's financial performance for 2015. According to the top manager, the state-owned company owes the Ukrainian budget approximately 10 billion hryvnias. The top manager announced this information at a press conference on February 17, 2016.
According to Rollins, last year was a loss for the company, as assets were revalued.
As the company's head noted, Ukrnafta is currently conducting an audit of its financial activities and determining the legality of its contracts.
Mark Rollins reported that Ukrnafta owes the Ukrainian budget over 10 billion hryvnias. The company's accounts receivable amount to approximately 11 billion hryvnias. The company's CEO concluded that his company does not intend to write off the accounts receivable as bad debt.
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