Future effects of abbreviated useful life disclosed

Greek gambling company OPAP reduces the useful lives of "know how", which it classes as an intangible asset, and discloses both the current year effect and effects over the next two years.

Reclassification of financial assets averts recording €217 million losses

Greek bank Alpha Bank reclassifies €1.1 billion available-for-sale financial assets, mainly relating to government bonds, to held to maturity which results in €217 million fair value losses not being recognised.

Payments to betting games winners introduce liquidity risk

Greek gambling company OPAP explains how payments to winners of betting games give rise to theoretical liquidity risk.

Put option adjusted against goodwill

Greek bank National Bank of Greece adjusts changes in the carrying value of put options held by minority interests against goodwill, but without disclosing the value of the change.