National joint-stock company Naftogaz Ukrainy has signed an agreement with Deloitte & Touche USC (Kyiv) to audit the consolidated financial report of the holding for 2012-2014 drawn up under international financial reporting standards (IFRS).
According to the announcement of the state holding in the Visnyk Derzhavnykh Zakupivel bulletin, the agreement, worth 17.88 million Hr (value added tax included), and the term of audit by July 1, 2015 was signed by the sides on Sept. 12, 2014.
The audit is to include the report of the Naftogaz Ukrainy’s central office, its branches and subsidiaries, including public joint-stock company Ukrgazvydobuvannia, public joint-stock company Ukrtransgaz, public joint-stock company Uktrtransnafta, public joint-stock company Ukrnafta, public joint-stock company Ukrspetstransgaz, subsidiary Ukrautogaz, subsidiary Zakordonnaftogaz, subsidiary Gaz Ukrainy, subsidiary Vuhlesyntezgaz Ukrainy, subsidiary Naftogazbezpeka, subsidiary Ukrnaftogazkomplekt, subsidiary naftogazobsluhovuvannia, subsidiary Naukanaftogaz, subsidiary Likvo, public joint-stock company Kirovohradgaz, Naftogaz Overseas SA (Switzerland), JV PetroSannan (Egypt) and state enterprise Chornomornaftogaz located on the annexed territory.
In addition, Naftogaz Ukrainy on Sept. 12, 2014 signed an agreement with Ernst & Young LLC (Kyiv). The company will define the fair cost of key assets of Naftogaz Ukrainy, its licenses on the use of deposits and oil and gas fields, investment in joint operations and uncompleted capital investment of subsidiaries and economic entities where the state holding owns at least 51 percent.
The value of the agreement signed by the sides came to 14.8 million Hr (value added tax included). The appraisal is to be finished within 220 days or by May 2015.
