Unipetrol’s consolidated CAS net income reached CZK 1.4 bil. in 2001. This includes goodwill amortization of CZK 608 mil., and “badwill” amortization of CZK 1.6 bil. Net profit amounted to CZK 426 mil. — a disappointing performance caused mainly by the dismal results of Unipetrol’s largest subsidiary, Ceska rafinerska. There was no market reaction to the parent-company earnings yesterday as Unipetrol’s key subsidiaries had reported their 2001 results last week.
(Jiri Soustruznik)