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2010-01-20 16:19:39 CET 2010-01-20 16:20:37 CET REGULATED INFORMATION Føroya Banki P/F - Company AnnouncementUpdating of ”Reconciliation Document”Announcement 2/2010 Føroya Banki has on 11 January 2010 updated the initial “IFRS Reconciliation Document” dated 4 May 2009. The initial version of the “IFRS Reconciliation Document” describes among other things the effect on the group's equity and result in DKK that is derived by the transition to IFRS by 1. January 2009. The updated version of the “IFRS Reconciliation Document” includes in addition a description of the effect on the parent company's equity and result in DKK that is derived by the parent company's transition to presentation of accounts according to executive order no. 390 dated 21. May 2008 on financial reports regarding credit institutions and investment service companies and others by 1. January 2009. The updated version of the “IFRS Reconciliation” document displays, the effect on the equity and result in DKK for the group and the parent company respectively, that is derived from the transition to IFRS by 1. January 2009, is the same. Attention is in this context drawn to the document's sum up sections which are shown on page 18 and 39 respectively. FØROYA BANKI Further information: Janus Petersen, CEO. Tel: +298 330 340 |
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