IFRS

SP Group A/S presents the annual report in accordance with IFRS. See the annual report for 2021, Note 1.

Implementation of new or amended standards and interpretations

Effective from 1 January 2021, SP Group A/S has implemented the following new or amended standards and interpretations:

• Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 on the IBOR reform (phase 2).

The above amendments allow of temporary relaxation for the financial statements until the existing interest-benchmark is replaced by an alternative almost risk-free rate (RFR). The temporary amendments include the below practical relaxations:

• Contractual changes or changes to cash flows that relate directly to the IBOR reform, must be treated as changes to a floating interest rate as well as changes to a market rate.
• Amendments that are statutory under the IBOR reform for hedging or hedging documentation may be applied without the discontinuation of the hedging         relationship.
• Temporary relaxation for entities to fulfil the requirement that a component must be separately identifiable when a RFR instrument is used to hedge a risk component.

  • Stock information

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    Check SP Group's stock here (direct link to NASDAQ Copenhagen.


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  • Reports

    Should you wish to obtain hardcopies of the annual reports, please send an e-mail to: info@sp-group.dk  with your name and address and the desired annual reports will be sent to you as quickly as possible.

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