Wpływ pandemii COVID-19 na wyniki finansowe wybranych przedsiębiorstw branży deweloperskiej i motoryzacyjnej
Impact of the COVID-19 pandemic on the financial results of selected companies in the development and automotive industries

Summary/Abstract: Purpose: The article aims to assess whether the COVID-19 pandemic has affected the financial re-sults of selected companies in the development and automotive industries in Poland. Methodology/research approach: The research looked at individual and consolidated annual reports of companies listed on the Warsaw Stock Exchange, covering the real estate and automotive sectors. All (seven in total) annual stock exchange reports of companies listed on the stock exchange from the automotive sector were examined. Furthermore, in the real estate sector (29 out of 29), annual reports of companies listed on the stock exchange were examined. The method used was to analyze the full versions of the narrative sec-tions of the annual separate and consolidated financial statements. The auditor’s re-ports and the entity’s management reports were also analyzed.Findings: Two of the seven examined automotive companies recorded a loss and de-scribed in their additional explanatory notes the uncertainty regarding the going concern. The audit-ed real estate companies showed no losses and did not present any threats to going concern.Research limitations/implications: The study was limited to two industries repre-senting durable goods. It would also be worth verifying the impact of the COVID-19 pandemic on the financial reporting of companies representing other sectors. Due to the successive waves of the COVID-19 pandemic, it would be interesting to analyze financial statements over three reporting periods.Originality/value: The article verifies the impact of the COVID-19 pandemic on the financial re-porting and the financial results of companies in the durable goods sector: real estate and automotive.

• Details
• Contents