ALICORP S.A.A.: Alicorp First Quarter 2019 Consolidated Financial Statements

Author's Avatar
May 01, 2019
Article's Main Image

LIMA, PERU / ACCESSWIRE / May 1, 2019 / Alicorp S.A.A. ("the Company" or "Alicorp") (BVL: ALICORC1 and ALICORI1) announced today its unaudited financial results corresponding to the First Quarter 2019 (Q1 19'). Financial figures are reported on a consolidated basis and are in accordance with International Financial Reporting Standards ("IFRS") in nominal Peruvian Soles, based on the following statements, which should be read in conjunction with the Financial Statements and Notes to the Financial Statements published at the Peruvian Securities and Exchange Commission (Superintendencia del Mercado de Valores - SMV). Consolidated statements include i) financial results of the Bolivian acquired companies during Q2 18' and Q3 18' ("Industrias de Aceite S.A." or "Fino" and "Sociedad Aceitera del Oriente S.R.L" or "Sao"), and ii) financial results of Intradevco Industrial S.A. or "Intradevco" in January 2019. Financial figures also include i) the effect of the adoption of the International Accounting Standard 29 & 21 (or IAS 29 & 21, Financial Reporting in Hyperinflationary Economies) in Argentina and ii) the adoption of IFRS 16 (Leases standard). Hereafter, references to IAS 29, include the IAS 21 application.