Financial statements of Šiaulių Bankas Group for H1 2023 reviewed by the auditors
30 Agosto 2023 - 3:50AM
Financial statements of Šiaulių Bankas Group for H1 2023 reviewed
by the auditors
AB Šiaulių Bankas (hereinafter - the Bank)
published the unaudited financial statements of the Bank Group for
H1 2023 on 31 July 2023.The main change in the statements is
related to the recalculation of the windfall profits tax. According
to the clarifications received from the State Tax Inspectorate
(STI) up to now, the Bank calculated that it would not have to pay
the windfall profits tax for the year 2023. Upon receiving new
methodological instructions for calculating the windfall profits
tax from STI on August 24, 2023, which eliminate and substantially
change the previous interpretations of the application of the law
provided by this institution, the Bank re-evaluated the amount of
the tax obligation for H1 2023, which amounted to EUR 2.2 million.
Considering the calculated corporate income tax, the overall
negative impact on the Bank and Group's operating results amounted
to EUR 1.8 million.
Additional information shall be provided by: Donatas Savickas
Head of Finance Division +370 41 595
602, donatas.savickas@sb.lt
- 2023-2Q EN final (signed)
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