Poland’s Cyfrowy Polsat has announced there will be a one-off negative impact on its consolidated net profit in the last quarter of 2018.
In a statement, it says this will be due to it having to increase the item “deferred income tax liabilities” for the group by around PLN162.6 million (€37.9 million) as of December 31, 2018.
Cyfrowy Polsat adds that the amount is of a non-cash nature and included in the income tax line of its consolidated income statement.
The company also says that the values and information in its statement are estimates.
Broadband TV News notes that Cyfrowy Polsat will publish its annual and consolidated annual report for 2018 on March 14.
