Wojciech Balczun: Ukrzaliznytsia to start using international accounting standards in 2017

Wojciech Balczun: Ukrzaliznytsia to start using international accounting standards in 2017

Ukrinform
PJSC Ukrzaliznytsia, the national railway company, will transfer to the international accounting standards in 2017.

Ukrzaliznytsia Board Chairman Wojciech Balczun stated this at a government sitting on Wednesday, an Ukrinform correspondent reports.

“From 2017, we are transferring to the western standards, including international accounting standards. And we will submit reports based on these standards. According to the data, represented based on the national standards, we got UAH 303 million in profit in 2016 against a UAH 683 million loss in 2015,” Balczun said.

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