POLYUS FINANCE PLC

• ⚠

  Material uncertainty over going concern

  Any changes to the sanctions regime including the interpretations by relevant third parties may render the existing settlement process not viable and consequently impact the ability of the Company to continue making payments to the Eurobond holders. Our opinion is not modified in respect of this matter.

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Johnsons Financial Management Limited

Audit opinion

Qualified

Going concern

Material uncertainty disclosed

“Any changes to the sanctions regime including the interpretations by relevant third parties may render the existing settlement process not viable and consequently impact the ability of the Company to continue making payments to the Eurobond holders. Our opinion is not modified in respect of this matter.”

Significant events

• “In response to Russia's military action in Ukraine, various countries have imposed sanctions which reduced the access of Russian businesses to international capital and export markets, weakening of the Russian Rouble, decline in financial markets and other negative economic consequences.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -7.4%

  £5,171,238 → £4,787,250

• Net assets

  -14.1%

  -£106,854,707 → -£121,908,080

• Employees

  0%

  2 → 2

• Profit before tax

  -426.5%

  £4,610,823 → -£15,053,373

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers