Information about financial forecasts
The Company’s Management Board maintains the total revenue forecast for 2009 in the amount of PLN 16.6 mln. At the same time the Management Board cancels the net profit forecast in view of the above mentioned organization change process that is intended to streamline the company’s costs. In the Management Board’s opinion the actions will contribute to increasing the company’s net profit in the middle and long run. Nonetheless, since it is difficult to estimate the precise completion time for the ongoing procedures and the impact scope of introduced changes on the company’s net result, canceling net profit forecasts is justified. The Company’s Management Board wishes to inform that it has carried out a periodic review of the financial forecasts for 2009 in connection with the ongoing optimization process of the company’s organization structure which in particular entails establishing a securitized subsidiary under Luxembourg law.
