{"id":56907,"date":"2021-05-30T09:55:41","date_gmt":"2021-05-30T07:55:41","guid":{"rendered":"http:\/\/www.cigames.com\/2015-01-09-current-report-12015-2\/"},"modified":"2021-05-30T12:13:10","modified_gmt":"2021-05-30T10:13:10","slug":"2015-01-09-current-report-12015-2","status":"publish","type":"post","link":"https:\/\/cigames.com\/en\/2015-01-09-current-report-12015-2\/","title":{"rendered":"1\/2015 Estimate of CI Games Group&#8217;s financial results for 2014"},"content":{"rendered":"<p><strong>2015-01-09 \u2013 Current report \u2013 1\/2015<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Estimate of CI Games Group&#8217;s financial results for 2014<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Current report no.:<\/strong> 1\/2015<\/p>\n<p><strong>Date:<\/strong>2015-01-09<\/p>\n<p><strong>Issuer\u2019s trading name:<\/strong> CI GAMES S.A.<\/p>\n<p><strong>Subject:<\/strong>Estimate of CI Games Group&#8217;s financial results for 2014<\/p>\n<p><strong>Legal basis:<\/strong>Art. 56 sec. 1 point 2 of the Act on Public Offerings \u2013 current and periodic information<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Report content:<\/strong><\/p>\n<p>The Management Board of CI Games S.A. announces that, according to the Issuer&#8217;s preliminary estimates, CI Games Group generated net consolidated revenue in excess of PLN 100 million in 2014. Estimated net consolidated debt as of December 31, 2014 was PLN -9 million (in words: negative nine million zlotys), denoting a surplus of cash over interest liabilities. The above estimates were prepared by the Company using the following assumptions: The currency used in the estimates is Polish zloty. Revenues generated by CI Games S.A. and the Issuer&#8217;s subsidiaries were translated using mid-rates (National Bank of Poland) for the relevant currencies during the period covered by the estimate. Revenue from sales was forecast at the level of anticipated payment, i.e. decreased by all discounts, returns and commission granted and expected. Net debt was calculated using the following formula: Net debt = credit + debt securities + interest-bearing loans &#8211; cash and cash equivalents. The estimates were not verified by a statutory auditor. The consolidated annual report for 2014 will be published by the Issuer by March 23, 2015. Publication dates for periodic reports in 2015 will be announced by the Issuer via a separate current report.<\/p>\n<p>&nbsp;<\/p>\n<table border=\"0\" width=\"450\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td><strong>Date<\/strong><\/td>\n<td><strong>Full name<\/strong><\/td>\n<td><strong>Position<\/strong><\/td>\n<td><strong>Signature<\/strong><\/td>\n<\/tr>\n<tr>\n<td>2015-01-09<\/td>\n<td>Adam Pieniacki<\/td>\n<td>CEO<\/td>\n<td>Adam Pieniacki<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>2015-01-09 \u2013 Current report \u2013 1\/2015 &nbsp; Estimate of CI Games Group&#8217;s financial results for 2014 &nbsp; Current report no.: 1\/2015 Date:2015-01-09 Issuer\u2019s trading name: CI GAMES S.A. Subject:Estimate of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,89,52],"tags":[],"class_list":{"0":"post-56907","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-current","7":"category-current-2015","8":"category-reports"},"_links":{"self":[{"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/posts\/56907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/comments?post=56907"}],"version-history":[{"count":0,"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/posts\/56907\/revisions"}],"wp:attachment":[{"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/media?parent=56907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/categories?post=56907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/tags?post=56907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}