KGHM will carry out impairment tests for selected assets

KGHM is obliged to conduct impairment tests in order to estimate the recoverable value in relation to selected assets as at the end of the reporting period, i.e. December 31, 2025 – the company said in a press release.

As stated, as a result of the review of the technical and economic parameters of the domestic and foreign assets of the KGHM Polska Miedź Group as at December 31, 2025, the following conditions were found:

– indicating the possibility of impairment of property, plant and equipment Centrozłom Wrocław and Uzdrowiska Kłodzkie – PGU Group;

– indicating the possibility of impairment of PMT Linie Kolejowe;

– indicating that the impairment loss recognized in previous periods could have decreased for the shares in Future 1 and indicating that the impairment loss on the fixed assets of the Sierra Gorda joint venture recognized in previous periods could have decreased.

“The result of the impairment test carried out on the fixed assets of the Sierra Gorda joint venture may lead to a positive valuation of shares in the joint venture using the equity method,” it was written in the press release.

“Consequently, in accordance with the requirements of IAS 36, the Company is obliged to conduct impairment tests in order to estimate the recoverable value in relation to the above-mentioned assets as at the end of the reporting period, i.e. as at December 31, 2025.” – added.(PAP Biznes)

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