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Accounting

TX Group applied the following new and revised standards and interpretations for the first time in the interim financial statements for 2021.

  • IAS 39 / IFRS 9 / IFRS 7, “Interest Rate Benchmark Reform” (amendment to IAS 39 “Financial Instruments: Recognition and Measurement”, IFRS 9, “Financial Instruments” and IFRS 7 “Financial Instruments: Disclosures”) – 2021

The new and revised standards and interpretations that are to be applied to the interim financial statements for the first time in 2021 or later were not applied earlier than required. The introduction of the revised standards is not expected to have any material impact on the consolidated financial statements.