Allkem Limited (ASX: AKE) has released a new financial report covering the years 2023, 2022, and 2021 in the context of its proposed merger with Livent Corporation. This report will be referenced in the forthcoming Scheme Booklet for the merger. Notably, the 2023 financial report, different from the one published on August 22, 2023, includes additional comparative financial statements for 2021.
These statements encompass the consolidated statement of profit or loss, consolidated statement of other comprehensive income, consolidated statement of changes in equity, and consolidated statement of cash flows. Importantly, they re-present Borax Argentina S.A. as a discontinued operation for 2021. Allkem believes that providing this historical financial information ahead of the Scheme Booklet will help shareholders focus on the merger's implications. It's essential to note that the financial results for 2023 and 2022 remain unchanged from the previous publication on August 22, 2022.
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