In accordance with the provisions of the Act Defining the Measures of the Republic of Slovenia to Strengthen Bank Stability (ZUKSB), Družba za upravljanje terjatev bank, d. d. has published the audited 2015 annual report.
BAMC had already published its 2015 Business Report to the National Assembly on 31 May 2016 (http://seonet.ljse.si/default.aspx?doc=SEARCH&doc_id=60913), disclosing the unaudited BAMC financials for 2015, which are the same as the audited financials.
On 29 April 2016, BAMC also published a notice on the BAMC website, announcing that the publication of the 2015 audited annual report has been deferred (http://seonet.ljse.si/default.aspx?doc=SEARCH&doc_id=59666) and explaining the reasons for the delay. Meanwhile, during the period from the public notice of delayed publication of the 2015 audited annual report to present day, BAMC delisted all its bonds from the Ljubljana Stock Exchange regulated market, making it possible to apply the provisions of the third and fifth paragraphs of Article 4 of the Act Defining the Measures of the Republic of Slovenia to Strengthen Bank Stability (ZUKSB), which stipulate that BAMC is released from the obligation to consolidate the financial statements of companies it acquired in a buyout or corporate restructuring procedure; and require BAMC to use International Financial Reporting Standards (IFRS) in its financial reporting and accounting.
After the delisting from the regulated market of the Ljubljana Stock Exchange, BAMC finalized its annual report, in accordance with the ZUKSB. KPMG Slovenija, d.o.o., Železna cesta 8a, Ljubljana, performed the audit of the financial statements, and issued an unqualified opinion.
BAMC's audited annual report will also be available on the company website, www.dutb.eu, for a period of 5 years following the date of publication.
The annual report has not yet been approved by the Government of the Republic of Slovenia as the general meeting of the BAMC.