SP Group A/S presents the annual report in accordance with IFRS. See the annual report for 2022, Note 1.
Implementation of new or amended standards and interpretations
Effective from 1 January 2022, SP Group A/S has implemented the following new or amended standards and interpretations:
• Amendments to IAS 37 regarding the statement of costs relating to the performance of a contract when assessing whether it is a loss-making contract.
• Amendments to IFRS 3 regarding references to the financial reporting framework (Conceptual Framework)
None of the above amendments have affected recognition and measurement in 2022 or are expected to affect the Group.