30.12.2011
Correction of the current report no. 24/2011
In connection with the occurrence of error in the current report no. 24/2011, the date to which the result of an annex signed with Kredyt Bank SA has extended financial credit agreement (medium-term) in the current account in the amount of PLN 10 million, the Management Board of Stalprofil SA publishes original correction content of the report.
In the original content of the report RB24/2011 was:
"In connection with the extension of the term of the loan agreements in question, Stalprofil SA is able to use
- working capital loan in the amount of PLN 24 million, the deadline of January 24, 2013
- working capital loan in the amount of USD 3,100,000, the deadline of January 24, 2013
- working capital loan (medium-term) in the current account to the amount of PLN 10,000,000, until 11 December 2013
- for opening letters of credit limit to the amount of PLN 8.5 million, by the deadline of January 25, 2013
- discount credit to the amount of PLN 3.5 million, by the deadline of January 25, 2013
Credit limits granted by the Company will be used to finance current business. Extension of the provision of working capital loan in the current account in the amount of PLN 10 million was at the request of the Company for a period of two years (until 11 December 2013) and results from the Company\'s efforts to ensure the availability of a stable, external sources of financing in the longer term."
The content of the report 24/2011 should be:
"In connection with the extension of the term of the loan agreements in question, Stalprofil SA is able to use
- working capital loan in the amount of PLN 24 million, the deadline of January 24, 2013
- working capital loan in the amount of USD 3,100,000, the deadline of January 24, 2013
- working capital loan (medium-term) in the current account to the amount of PLN 10,000,000, until 24 January 2014
- for opening letters of credit limit to the amount of PLN 8.5 million, by the deadline of January 25, 2013
- discount credit to the amount of PLN 3.5 million, by the deadline of January 25, 2013
Credit limits granted by the Company will be used to finance current business. Extension of the provision of working capital loan in the current account in the amount of PLN 10 million was at the request of the Company for a period of two years (until 24 January 2014) and results from the Company\'s efforts to ensure the availability of a stable, external sources of financing in the longer term."
In the original content of the report RB24/2011 was:
"In connection with the extension of the term of the loan agreements in question, Stalprofil SA is able to use
- working capital loan in the amount of PLN 24 million, the deadline of January 24, 2013
- working capital loan in the amount of USD 3,100,000, the deadline of January 24, 2013
- working capital loan (medium-term) in the current account to the amount of PLN 10,000,000, until 11 December 2013
- for opening letters of credit limit to the amount of PLN 8.5 million, by the deadline of January 25, 2013
- discount credit to the amount of PLN 3.5 million, by the deadline of January 25, 2013
Credit limits granted by the Company will be used to finance current business. Extension of the provision of working capital loan in the current account in the amount of PLN 10 million was at the request of the Company for a period of two years (until 11 December 2013) and results from the Company\'s efforts to ensure the availability of a stable, external sources of financing in the longer term."
The content of the report 24/2011 should be:
"In connection with the extension of the term of the loan agreements in question, Stalprofil SA is able to use
- working capital loan in the amount of PLN 24 million, the deadline of January 24, 2013
- working capital loan in the amount of USD 3,100,000, the deadline of January 24, 2013
- working capital loan (medium-term) in the current account to the amount of PLN 10,000,000, until 24 January 2014
- for opening letters of credit limit to the amount of PLN 8.5 million, by the deadline of January 25, 2013
- discount credit to the amount of PLN 3.5 million, by the deadline of January 25, 2013
Credit limits granted by the Company will be used to finance current business. Extension of the provision of working capital loan in the current account in the amount of PLN 10 million was at the request of the Company for a period of two years (until 24 January 2014) and results from the Company\'s efforts to ensure the availability of a stable, external sources of financing in the longer term."