Specialists of BDO UNICON conducted an audit of the consolidated financial statements of JSC “ALMAR – Arctic diamonds” and its subsidiaries on the basis of the provided cost transcript with their detailed description. The mathematical accuracy, validity and distribution of costs, classification, absence of impairment and applicability of the assumptions used in the calculations were checked.
According to the experts of BDO UNICON, the financial statements reliably reflect the financial position for the periods 2017-2021, as well as consolidated financial results in accordance with International Financial Reporting Standards (IFRS). The audit includes the following consolidated statements: profit and loss and other comprehensive income; financial position; changes in equity; cash flows.
The assessment was carried out by an independent auditor, BDO Unicon Group, a leading Russian audit and consulting group of companies founded in 1989. The companies of the BDO Unicon Group are members of the international BDO network, which unites independent audit and consulting firms in 164 countries. Membership in BDO guarantees that the services provided by the BDO Unicon Group comply with the highest international quality standards.
“Part of ALMAR’s sustainable development strategy is to set high financial reporting standards and disclose material information about the company. We understand the need for transparency in our activities — we are responsible to investors, and therefore we have decided to switch to reporting in accordance with IFRS,” said Andrey Karhu, General director of ALMAR.
You can get acquainted with the audit report in the INVESTORS/Information disclosure section.
Unicon is the largest Russian audit and consulting group of companies founded in 1989. The company ranks 5th in the ranking of the largest audit groups and networks (2020, RAEX).
The offices of the Unicon Group, located in Moscow, St. Petersburg, Kazan and other major regional centers, employ about 1,900 employees.
All companies of the Unicon Group are members of the BDO Global Alliance, an association of independent firms representing the BDO brand in all regions of the world. The BDO network is among the top 5 leaders of the global audit and consulting market. Participation in the BDO Global Alliance means full access to the international resources of the BDO network, guarantees customers high quality of services provided and compliance with the principles of audit independence.