Prosper's failure to prosper in 2004 shocks analysts

"We have adapted International Accounting Standards in our annual report and we had to create reserves for our overdue liabilities. We had to adjust the result and the reason for the loss. However, this is a one time event and I can assure that it has no influence on the continuity of our operations," declared Prosper's financial director, Piotr Jędrzejak. Analysts agree with the director, however they are still shocked by the size of the loss. The company's share price fell yesterday on the Warsaw Stock Exchange (WSE) by 7%. However, Jędrzejak assures that Prosper is to develop this year above the market pace, which is placed at 9%. (Puls Biznesu, p. 10) A.K.