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| Wednesday, 20 February 2008, 16:17 HKT/SGT | |
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Source: Glitnir Bank | |
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Reykjavik, Feb 20, 2008 - (ACN Newswire) - The following notes have been changed from previously presented financial statements:
Note 3.12 d
The last sentence of the note was deleted:
"The Bank's amortisable intangible assets consist of software, whose estimated useful life is 4 years."
Note 2.3b
The word semi-annually was changed into quarterly in following sentence:
"For this purpose the Bank's management reviews its loan portfolios to assess impairment on a quarterly basis."
Note 14
Total numbers for bonds was changed from 1,799 to 3,567 and total number of Borrowings, deposits and related derivatives was changed from negative by 1,901 to positive by 1,901. The total number remains the same.
Note 19
Salaries for 4 former Board members are now stated separately instead of one total sum.
Note75
Numbers for various sectors in the table "categorised by industry sectors" have been changed.
Note 81
Table for on-balance-sheet financial items: numbers for equity was missing and it is now shown separately, therefore the total number for financial liabilities was changed and the currency gap was also changed accordingly.
Contact:
Bjrn Richard Johansen,
Managing Director, Corporate Communications, Glitnir
E-mail: brj@glitnir.no
Topic: Corporate Announcement
Source: Glitnir Bank
http://www.acnnewswire.com
From the Asia Corporate News Network
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