Accounting
The TX Group applied the following new and revised standards and interpretations for the first time in the interim financial statements for 2022:
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IFRS 3, “Recognition of certain Liabilities and Contingent Liabilities in a Business Combination” (amendment to IFRS 3 “Business Combinations”) – 2022
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IAS 16, “Proceeds before Intended Use” (amendment to IAS 16 “Property, Plant and Equipment”) – 2022
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IAS 37, “Onerous Contracts — Cost of Fulfilling a Contract” (amendment to IAS 37 “Provisions, Contingent Liabilities and Contingent Assets”) – 2022
The new and revised standards and interpretations that are to be applied to the interim financial statements for the first time in 2022 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.