“The managed securities portfolio, evaluated according to the regulations in force, registered a market value of RON2,205,311,434 with a decrease of 6.83% compared with December 31, 2021 (RON2,367,086,068), this evolution being mainly determined by the decreases in the prices of shares registered on the stock exchange.
In accordance with the provisions of IFRS 9, applicable from January 1, 2018, the results related to transactions in financial assets valued at fair value through other comprehensive income are reflected in the reported result,” the company says in the annual report.
SIF Oltenia has a capitalization of RON895 million and its shares have lost 1.6% in the past twelve months.
(English version by Loredana Fratila-Cristescu)