VIVA’s BoD met on on Monday dated 29th April 2019 at 12:45 pm at in the company’s head office where the Board discussed the following items in its agenda:
- Approved the interim financial statements for the First Quarter ended in 31st March 2019.
- The board of directors approved the application of IFRS 16 using the modified retrospective approach and therefore the comparative information has not been restated.
- For interim financial statements, as described in the attached Quarterly Financial Statement Results Form
- Regarding the IFRS 16, no impact was recorded on the retained earnings as at 1 January 2019. For more information in this regard please refer to the note number 3 in the financial statement for the period ended 31 March 2019.