| (a) | Amendments to standards and annual improvements adopted |
IFRS 9 and IFRS 7 | | Classification and Measurement of Financial Instruments and Contracts
Referencing Nature-dependent Electricity (amendments) | IFRS 1, IFRS 7, IFRS 9, IFRS 10 and IAS 7 | | Annual Improvements to IFRS Accounting Standards — Volume 11 |
The adoption of the amendments to standards and annual improvements does not have material impact on the condensed consolidated interim financial statements of the Group. | (b) | New standards and amendments to standards issued that are not yet effective |
| | | | Effective for
annual periods
beginning on or
after | IFRS 18 | | Presentation and Disclosure in Financial Statements | | January 1, 2027 | IFRS 19 | | Subsidiaries without Public Accountability: Disclosures | | January 1, 2027 | IAS 21 | | Translation to a Hyperinflationary Presentation Currency (amendments) | | January 1, 2027 | IFRS 20 | | Regulatory Assets and Regulatory Liabilities | | January 1, 2029 | IFRS 10 and IAS 28 | | Sale or Contribution of Assets between an Investor and its Associate or
Joint Venture (amendments) | | To be determined |
The Group is in the process of making an assessment of the impact of these new standards and amendments to standards upon initial application. The adoption of IFRS 18 will not affect the recognition or measurement of items in the condensed consolidated interim financial statements. It mainly has impacts on presentation and disclosure of income and expenses and adds new disclosure requirements on management—defined performance measures. Except for IFRS 18, none of these is expected to have significant impact on the Group in the current or future reporting periods and on foreseeable future transactions.
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