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These amendments restrict the obligation to disclose the recoverable amount of an asset
or cash-generating unit to the reporting period in which an entity has recognised or
reversed an impairment loss.
Furthermore, when the recoverable amount has been calculated as fair value less costs to
sell and an impairment loss has been recognised or reversed, the level of the IFRS 13
hierarchy within which the fair value has been measured must be indicated. For fair value
measurements categorised within Level 2 or Level 3, a description of the valuation
techniques and key assumptions used, as well as the current and previous discount rates.
The entry into force of these amendments did not have any impact on the consolidated
financial statements.
Amendments to IAS 39, Novation of Derivatives and Continuation of Hedge
Accounting
The amendments state that the novation of a hedging instrument should not be
considered an expiration or termination giving rise to the discontinuation of hedge
accounting when the hedging derivative is novated as a consequence of new laws and
regulations, with one or more clearing counterparties replacing the original counterparty
and any changes in terms of the novated derivative are limited to those necessary to
effect the replacement of the counterparty.
The entry into force of these amendments did not have any impact for the Group.
Standards and interpretations issued but not yet in force:
At the date of preparation of these consolidated financial statements, the most significant
standards and interpretations that had been published by the IASB but which had not yet
come into force, either because their effective date is subsequent to the date of the
consolidated financial statements or because they had not yet been adopted by the European
Union, were those listed below.
The directors have assessed the potential impact of applying these standards in the future and
consider that their entry into force will not have a material effect on the consolidated financial
statements.