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  "documentTitle": "CPI Property Group (CPIPGR)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Muddy Waters Research",
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  "presentationDate": "2023-11-21 00:00:00",
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  "notes": "The slide uses a red box to highlight 'CPI Hotels, a.s.' in the table, drawing attention to the specific entity involved in the reported payables.",
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      "bbox": null,
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      "text": "If it was, what was the ultimate source of the cash (if any) used to repay it?",
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      "text": "loan repayment: €18.0m",
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      "kind": "paragraph",
      "text": "Both CPI Hotels and CPI FIM report the 'MGI loan' was fully repaid in the amount of €18.0m by CPI FIM.1,2 If it was, what was the ultimate source of the cash (if any) used to repay it?",
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      "text": "1 CPI Hotels 2019, Pg. 13. Loan Payoff. 2 CPI FIM 2019, Management Report. Payables.",
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      "text": "CPI FIM SA Payables table showing 2019 and 2018 data for CPI Hotels Properties, CPI Hotels, a.s., and CPI Hungary Kft.",
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      "kind": "title",
      "text": "By 2020, the Receivable Vanished. Did a CPI Entity Pay it Off?",
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