Following incorrect reporting in the media Ukrnafta would like to clarify that the company did not make any cash payments of UAH 2.3 bln as dividends to minority shareholders. Instead, in 2Q2017 the company settled its dividends liability for 2011-2014 with the liability of receivables from one of the debtor companies. The settlement was carried out after the debtor company submitted its claim pursuant to law. This transaction was reflected in the company’s financial statements.
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