v3.25.1
Adoption of New and Revised Accounting Standards
 12 Months Ended
Dec. 31, 2024
Adoption of New and Revised Accounting Standards [Abstract]  
Adoption of new and revised accounting standards

Note 4. Adoption of new and revised accounting standards

 

New standards, changes and interpretations in force current period

 

The Group’s Management has evaluated the impacts of the following revisions of standards and understands that its adoption has not caused a material impact and/or is not relevant to its financial statements.

 

On the date of authorization of these financial statements, the Group has not adopted the following new and revised standards under IFRS Accounting Standards.

 

Standard   Amendment
IAS 1   Classification of liabilities as current and non-current
IFRS 16   Lease liabilities in a sale and leaseback transaction
IAS 7   Reverse factoring
IFRS 7   Reverse factoring

 

New standards, changes and interpretations not yet in force and/or adopted

 

On the date of authorization of these financial statements, the Group has not adopted the following already issued and not yet in force and/or applicable standards under IFRS Accounting Standards.

 

Standard   Amendment
IAS 21   Lack of convertibility between currencies
IFRS 7   Classification and measurement of financial instruments
IFRS 9   Classification and measurement of financial instruments
IAS 28   Application of the equity method for the measurement of investments in subsidiaries
IFRS 18   New presentation and disclosure requirements in financial statements
IFRS 19   Reduced disclosures for subsidiaries without public accountability

 

Management does not expect the adoption of the following standards to have a material impact on the Group’s financial statements in future periods.