Reuters logo
BRIEF-Westmoreland says to restate previously issued financial statements
February 24, 2017 / 1:15 PM / 7 months ago

BRIEF-Westmoreland says to restate previously issued financial statements

Feb 24 (Reuters) - Westmoreland Coal Co

* Westmoreland announces restatement of previously issued financial statements

* Will restate financial information stemming from changes in accounting for its customer reclamation receivables

* Change has no impact on co’s cash flow, economic value of contracts or ability to collect cash for reclamation from customers

* Form 10-k for year ended dec 31, 2016 to include restated consolidated financial statements for years ended december 31, 2015 and 2014

* Form 10-k for year ended dec 31, 2016 to include restated consolidated financial statements for all interim periods during 2016, 2015

* Does not intend to file amendments to previous filings with securities and exchange commission Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below