Grifols “categorically” denied any accusations of accounting practices or “inaccurate” information. Its consolidated financial statements were disclosed following the report published by Gotham City Research in a note sent to the CNMV this Tuesday, which assessed that the Spanish firm is a “highly leveraged” company and “manipulates the declared debt”.
“As a company committed to transparency, integrity and ethical conduct, we categorically reject any accusations regarding accounting practices or inaccurate information in our consolidated financial statements,” the company said in a statement to the National Securities Market Commission (CNMV). said.
Grifols assured that he was aware of the recent “inaccuracy” and “speculation” that Gotham City Research had published regarding its accounting and financial information. “As a publicly traded company, Grifols fully reports and discloses all information regarding all its transactions. “It will have the highest level of integrity and transparency, reflecting a true and fair view of its consolidated financial statements,” he emphasized.
Related party transactions and disclosures reported by Gotham City Research as disclosed by the Company “fully disclosed and audited“ Since 2018 and reported to the Spanish regulator.
“Grifols’ consolidated financial statements and internal controls over financial reporting, Robust and subject to regular and stringent annual inspections. “These annual audits are performed by one of the big four audit firms that consistently publish unqualified audit reports,” he added.
“As a leading global healthcare company, we are unwaveringly committed to maintaining the highest level of business and financial integrity. Corporate governance is and remains our top priority. We have always maintained and will maintain strict standards in our accounting reports and we are fully committed to transparent and ethical behavior in all our business practices,” he assured.