SP Group A/S presents the annual report in accordance with IFRS. See the annual report for 2019, Note 1.
Changes to accounting policies
Effective from 1 January 2019, SP Group A/S has implemented the following new or amended standards and interpreta-tions:
• IFRS 16 Leases
• Amendments to IFRS 9 on prepayment features
• Amendments to IAS 19 on changes to pension schemes during the accounting period
• Amendments to IAS 28 on long-term equity interests in associates and joint ventures
• IFRIC 23 on uncertain tax positions
• Annual Improvements to IFRSs 2015-2017
Only IFRS 16 has affected recognition and measurement in the annual report.