- 01
PlayWay S.A. reduced the maximum loan ceiling for CreativeForge Games' title 'Phantom Doctrine' from 9 million PLN to 7.65 million PLN.
- 02
The reduction in external debt financing was driven by the stronger-than-anticipated commercial performance of the studio's previous title, 'Hard West'.
- 03
Increased internal liquidity from 'Hard West' sales allowed CreativeForge Games to decrease its reliance on shareholder-provided capital for the development of 'Phantom Doctrine'.
- 04
This financial adjustment reflects a healthier cash flow position for the subsidiary compared to initial forecasts established in 2016 and 2017.
- 05
The amendment highlights the impact of successful product lifecycles on the capital allocation and debt structures of portfolio companies within the PlayWay S.A. group.
- 06
The regulatory disclosure, issued in early 2018, pertains to the final stages of the production cycle for 'Phantom Doctrine'.