- 01
PCF Group S.A. is recording a full 100% write-down of the Bifrost project, reducing individual fixed assets by 213.493 million PLN and consolidated fixed assets by 154.964 million PLN.
- 02
The company is writing down its equity stake in Incuvo S.A. by 73%, resulting in an 18.893 million PLN reduction in individual profit and fixed-asset value.
- 03
A complete write-down of goodwill allocated to Incuvo S.A. will decrease consolidated profit and fixed-asset totals by 18.061 million PLN.
- 04
All disclosed impairments are non-cash in nature and will have no impact on the company's EBITDA at either the individual or consolidated level.
- 05
The Bifrost write-down is driven by uncertainty regarding future development and release financing, while the Incuvo impairments reflect a significant decline in fair market value.
- 06
While the Bifrost and Incuvo equity impairments are potentially reversible, the goodwill write-down is considered irreversible.
- 07
These figures are provisional and subject to audit verification before the finalization of the 2024 financial statements.