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High Arctic Announces 2020 Fourth Quarter and Year End Financial and Operating Results
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Gamehost Announces Fourth Quarter 2020 Financial Results
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[A] We manage our total proved reserves base without distinguishing between proved reserves from subsidiaries and those from joint ventures and associates.
[B] Includes proved reserves associated with future production that will be consumed in operations.
[C] Natural gas volumes are converted into oil equivalent using a factor of 5,800 scf per barrel.
How this risk is managed:
We continue to explore for and mature hydrocarbons across our Deep Water, Conventional Oil and Gas, Shales and Integrated Gas businesses. We use our subsurface, project and technical expertise, and actively manage non-technical risks across a diversified portfolio of opportunities and projects. This involves adopting an integrated approach for all stages, from basin choice to development. We use competitive techniques and benchmark our approach internally and externally.
(1)
BUENOS AIRES, ARGENTINA / ACCESSWIRE / March 10, 2021 / Cablevisión Holding S.A., ( Cablevision Holding , CVH or the Company ) (BCBA:CVH)(LSE:CVH)(OTC PINK:CVHSY), controlling shareholder of Telecom Argentina S.A. (TEO)(TECO2), announced today its full year and fourth quarter 2020 Results. Figures have been prepared in accordance with International Financial Reporting Standards ( IFRS ) and are stated in constant Argentine Pesos ( Ps. or P$ ) as of December 31, 2020, unless otherwise indicated.
The Company s Management has applied IAS 29 (inflation adjustment) in the preparation of these financial statements, following the provisions of Resolution 777/18, issued by the
Comisión Nacional de Valores ( CNV ).
CVH Highlights (2020 vs. 2019):
93% RENT COLLECTIONS:
Since the beginning of Q4/2020, the Trust has received approximately 93% of its expected rent and is actively either collecting the remaining rent or working with tenants who require assistance;
100% RETURN OF CAPITAL ON 2020 DISTRIBUTIONS:
The Trust’s distributions for 2020 were tax efficient to unitholders as it delivered a 100% return of capital. The 100% return of capital is in excess of the 85% projected when the Trust converted from a Corporation at the beginning of 2020;
INCREASED NAV BY 13% CAGR TO $9.84 PER TRUST UNIT:
Since Q3/2017, the Trust has increased NAV from $7.85 per Trust Unit to $9.84 per Trust Unit for a +13% Compounded Annual Growth Rate (“
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