It would indicate they expect to come out of suspension
So nice to know where their priorities lie.....
I also did not think there was any scope for PVR to be less trasnparent than they currently are!
FRS 101 sets out a reduced disclosure framework which addresses the financial reporting requirements and disclosure exemptions for the individual financial statements of subsidiaries and ultimate parents that otherwise apply the recognition, measurement and disclosure requirements of EU-adopted IFRS. It is envisaged that the provision of these disclosure exemptions could result in cost savings in the preparation of financial statements of subsidiaries and ultimate parents, without reducing the quality of financial reporting
New rns released by pvr, looks like they opt for less disclosure. Any comments?
Do it or we are bust is how i think they phrased it
That would be good news really Spuddy. The sooner the better really. We will have to face the music sometime.
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