: RusAviaInsiderRussias State Transport Leasing Company (GTLK) in its 2023 IFRS report has admitted the loss of 2.49 billion roubles as a result of liquidation of its two Irish subsidiaries last year.
In compliance with IFRS 10, as a result of the May 31, 2023 decision taken by the High Court of Ireland ordering the start of liquidation procedure of GTLK Europe DAC and GTLK Capital DAC, the company lost control of these entities and their subsidiaries. The financial outcome of the same is loss in the amount of 2491 million roubles, the report reads.
GTLK and its subsidiaries had been under the European Union and Great Britain sanctions since April 2022, and on US SDN-list since August same year. The sanctions virtually blocked all acti…
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