A Financial Times analysis has shown that Europe’s biggest companies have suffered at least €100bn in direct losses from their operations in Russia.
A survey of 600 European groups’ annual reports and 2023 financial statements shows 176 companies have recorded asset impairments, foreign exchange-related charges and other one-off expenses as a result of the sale, closure or reduction of Russian businesses.
The aggregate figure does not include impacts such as higher energy and commodities costs.
Loss?
ReplyDeletePlanned diversion or redistribution but never, with the approval of the ruling elite, to the wretched masses of your teeming shore or the homeless tempest tossed