Member Info for L_P33t4

Hi everyone, this is my first post after being an interested reader for over 2 years now - thanks to all the regular contributors who provide valuable insights.

What I was wondering is whether even though the Oman deal is "effective 1st of Jan 2025" this will hold up with the auditors for FS 2025. From an accounting perspective, the timing of consolidation is based on the control principle and not on the structuring of contracts. De facto, Kistos Mgmt would have to be calling all shots since then. This being said, I would be cautious to assume control was given as of Jan 1st 2025. I don't expect the Oman figures to be included in the audited results, especially with the final approval not being given yet and Mitsui announcing that they are evaluating financial impact of the transaction. I rather expect them to be included as pro-forma figures (hopefully). If Kistos can show control since 1st of Jan, this would imply that Oman figures will not be included in Mitsui's result which will be released 1st of May. So if our results will not be released until then we will know what's going on once Mitsui will release.

Anyway, based on this year's geopolitical developments, I am even more looking forward to the 2026 interim results tbh... GLTA