Information on the international audit of the consolidated (consolidated) financial statements prepared in accordance with the requirements of IFRS for 2021 of the Department for the Implementation of International Financial Reporting Standards of “National Electric Grids of Uzbekistan” JSC.
In order to ensure the implementation of the Decree of the President of the Republic of Uzbekistan dated February 24, 2020 “On additional measures for the transition to international financial reporting standards” DP-4611 consulting companies in the world as a result of the large-scale work carried out by “Ernst & Young” LLC in 2019-2021 report of “National Electric Grids of Uzbekistan” JSC, audit reports are given.
At the end of 2022, “National Electric Grids of Uzbekistan” JSC was one of the first companies in the energy industry to fully implement consolidated financial statements in accordance with International Financial Reporting Standards (IFRS) and audit it, and also one of the first to receive a positive audit opinion and won.
The specialists of “Ernst & Young” LLC conducted an audit of the consolidated financial statements prepared in accordance with International Financial Reporting Standards (IFRS) covering the period from November 2024 to the end of June of the current year.
It is worth noting that receiving a positive auditor’s opinion on the IFRS-based consolidated financial statements for five consecutive years represents a significant milestone for “Uzbekistan National Power Grid” JSC in achieving further success and improving its international credit ratings.
✍️ Department for Financial Reporting in Accordance with International Standards
Here are links to this topic published by the Information Service:
01.07.2024 — The financial report of JSC "National Electric Grid of Uzbekistan" for 2023 received a positive audit opinion from the international company "Ernst & Young" LLC.
https://www.uzbekistonmet.uz/en/lists/view/5387
03.07.2023 — The financial report of “National Electric Grids of Uzbekistan” JSC, prepared for 2022, received a positive audit opinion from the international company “Ernst & Young” LLC
https://www.uzbekistonmet.uz/en/lists/view/4127
02.07.2022 — The financial report of “National Electric Grids of Uzbekistan” JSC, prepared for 2021, received a positive audit opinion from the international company “Ernst & Young” LLC
https://www.uzbekistonmet.uz/en/lists/view/2622
06.07.2022 — The financial report of “National Electric Grids of Uzbekistan” JSC, prepared for 2021, received a positive audit opinion from the international company “Ernst & Young” LLC
https://www.uzbekistonmet.uz/en/lists/view/2527
06.07.2022 — THE FINANCIAL REPORT OF “NATIONAL ELECTRIC GRIDS OF UZBEKISTAN” JSC, PREPARED FOR 2021, RECEIVED A POSITIVE AUDIT OPINION FROM THE INTERNATIONAL COMPANY “ERNST & YOUNG” LLC
https://minenergy.uz/en/news/view/2039
02.07.2022 — The financial report of “National Electric Grids of Uzbekistan” JSC, prepared for 2021, received a positive audit opinion from the international company “Ernst & Young” LLC
https://www.uzbekistonmet.uz/en/lists/view/2510
24.01.2022 — Ernst & Young has provided a positive audit opinion on the financial statements of National Electricity Grids of Uzbekistan JSC for 2019–2020
https://www.uzbekistonmet.uz/en/lists/view/1858
31.12.2021 — Ernst & Young has provided a positive audit opinion on the financial statements of National Electricity Grids of Uzbekistan JSC for 2019–2020
30.12.2021 — Ernst & Young has provided a positive audit opinion on the financial statements of National Electricity Grids of Uzbekistan JSC for 2019–2020
https://www.uzbekistonmet.uz/en/lists/view/1753
Information service of JSC «NEG of Uzbekistan»