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Odesa  >  News  >  Maritime Sector
BDO confirms the Ports of Yuzhny high level of financial stability
Oct 19 2009, 12:24

ODESA, OCTOBER, 19th, 2009, CONTEXT-PRICHERNOMORIE — Binder Dijker Otte & Co, Brussels, held audit at the GE Commercial Sea Port of Yuzhny for the period of 2008 confirming the ports high financial stability, Context-Prichernomorie correspondent reports.

The agency was informed about it today 19 October at the press-service of GE Commercial Sea Port of Yuzhny.

According to their information, Binder Dijker Otte & Co, Brussels, has finished the auditing inspection of the ports operation for the period of 2008.

The ports financial reporting documents are accurate in all respects reflecting the companys financial state as for the end of December 2008. the financial results and fund-movements meet the international standards of financial reporting. Under the conditions of the world financial crisis that led to the stagnation of Ukrainian market of services, instability of currency deviations, and limitation of the access to the world loan resources, the audit showed the ports reporting was being done correctly demonstrating the ports high financial stability, the report says.

INFORMATION: BDO International is a worldwide network of public accountancy firms, called BDO Member Firms, serving international clients. Each BDO Member Firm is an independent legal entity in its own country. The network, originally formed in 1963, is coordinated by BDO Global Coordination B.V., with an office in Brussels, Belgium. The name, first devised in 1973, is an acronym of Binder Dijker Otte & Co. As of 30 September 2008, 100 BDO Member Firms in 110 countries employed 44,000 professionals in 1,095 offices throughout the world. Global fee income of all BDO Member Firms for the year ending 30 September 2008 totalled ? 3,649 million (USD 5,145 million), making BDO International the fifth largest accounting firm network globally.

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