Corporate DisclosurePOWERGRID
POWERGRID Corporate Disclosure — 18 February 2018
Announcement summary
- What happened
- POWERGRID published a corporate disclosure on 18 February 2018. Read the full announcement for details.
- Company
- Power Grid Company of Bangladesh Ltd.
- Announcement published
Original announcement
(Continuation news of POWERGRID): 4. As disclosed in Note #2.1, the Company has reported an amount of BDT 739,548,754 as addition to PPE resulted from exchange rate fluctuation related to the outstanding principal amount of loan for the year ended 30 June 2017. As per Paragraph 28 of BAS 21: Effects of Changes in Foreign Exchange Rates, the said amount should be recognized as a loss in Statement of Profit or Loss and Other Comprehensive Income. (Cont. 7)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acef05a6b00004005d52a
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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