Uralkali (LSE: URKA; the Company) regrets the disparaging and factually inaccurate statements about its business and financial reporting that have been made by the Belarusian authorities.
Uralkali’s financial statements have been audited and certified in accordance with international standards by one of the world’s leading accounting firms.
Paul J. Ostling, the independent Chairman of Uralkali’s Audit Committee, reacted to the statements from Belarus as follows:
“Uralkali is committed to transparency and accuracy in its financial reporting. The three independent members of the Audit Committee monitor the Company’s financial reporting and receive reports directly from Uralkali’s independent outside auditors. The Company’s financial statements consistently have been certified without reservation under international standards. We therefore conclude that the statements by the Belarusian authorities are inaccurate and part of an ongoing campaign of disinformation designed to harm Uralkali’s reputation and its business”.