News
Sep-15-2022
Petroperú's Board of Directors approved audited financial statements for the year 2021
The favorable opinion issued by the auditing company has been submitted to the General Shareholders' Meeting for approval.
The Board of Directors of Petroperú approved the financial statements for the year 2021 audited by Gaveglio Aparicio y Asociados SCRL - PwC, as stated in Board Agreement No. 090-2022-PP dated September 14, 2022.
The Agreement of the Board of Directors of the company was disclosed as an important fact to the Superintendency of the Securities Market (SMV) together with the short audit report with the favorable opinion of the PwC auditors.
As reported on September 9, the date on which the PwC auditor delivered the aforementioned document, the financial statements are fairly presented, in all material respects, as of December 31, 2021 and 2020, as well as their financial performance and its cash flows for the years ended on those dates, in accordance with International Financial Reporting Standards issued by the International Accounting Standards Board.
In turn, the Board of Directors has submitted the audited financial statements to the General Shareholders' Meeting for approval. As is known, the General Meeting of Shareholders of Petroperú is made up of the heads of the Ministry of Energy and Mines and the Ministry of Economy and Finance, as well as the Vice Ministers of Hydrocarbons and Finance and the Secretary General of the Ministry of Energy and Mines.
The presentation of the audited 2021 Financial Statements contributes to the recovery of the confidence of its stakeholders (creditors, bondholders, clients, banks, risk rating agencies, among others), which will allow Petroperú's liquidity to continue to be effectively stabilized.
On the other hand, in a universal session held on September 13, the Petroperú General Shareholders' Meeting approved the selection criteria for the auditing company that will be incorporated into the bases of the public merit contest conducted by the Comptroller General of the Republic, to carry out the financial audit for the periods corresponding to the fiscal years ended December 31, 2022, 2023, and 2024.
In this way, the Board of Directors and the Administration of Petroperú continue to carry out the necessary actions to promote its strengthening, in order to ensure its sustainability and continue fulfilling its strategic role of guaranteeing the supply of fuel throughout the country.
