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  "documentTitle": "CPI Property Group (CPIPGR)",
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  "notes": "Uses red question marks to highlight suspicious movements between 'Advances' and 'Payables to shareholders for loans'.",
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      "text": "The item \"Advances\" includes advances received from customers relating to supplies of goods and services not yet carried out; this item includes advances with or without the function of a deposit, for transactions involving the sale of tangible, intangible and financial assets.",
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      "text": "Although Eurocraft shows an advance in 2020 of €6.2 million from BT 2, in 2021, it appears that €4.4 million of the advance could have been converted into a loan. In 2022, the remainder of the advance again appears to have been converted into a loan. And the full amount remained an outstanding and interest accruing payable to a shareholder—which we assume is now CPI PG.",
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      "text": "As discussed infra, Vitek's Aspermont S.à.r.l, which now owns BT 2, owes a CPI PG subsidiary €8.8 million. This loan balance appears to be connected to the Polma 1 transactions.",
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      "text": "The item \"Advances\" includes advances received from customers relating to supplies of goods and services not yet carried out; this item includes advances with or without the function of a deposit, for transactions involving the sale of tangible, intangible and financial assets.",
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      "text": "Excerpt from 2022 Eurocraft's Financial Statements",
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      "text": "Did Vitek ever really finish paying for Hull 607?",
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