Standards, interpretations, and amendments issued, but not yet to be applied



To be applied by Deutsche Telekom from


Expected impact on the presen­tation of Deutsche Telekom’s results of opera­tions and financial position


For standards not yet endorsed by the EU, the date of first-time adoption scheduled by the IASB is assumed for the time being as the likely date of first-time adoption.



Amendments to References to the Conceptual Framework

References to the Conceptual Framework

January 1, 2020

Updating of the cross references to the revised conceptual framework in the corresponding standards and interpretations.

No material impact.

Amendments to IAS 1 and IAS 8

Definition of Material

January 1, 2020

Clarification of the definition of the concept of materiality.

No material impact.

Amendments to IFRS 9, IAS 39, and IFRS 7

Interest Rate Benchmark Reform

January 1, 2020

Practical expedients for hedge accounting requirements that are mandatory for all hedges affected by the interest rate benchmark reform. Further information on this is also planned.

The effects are detailed in the explanations following this table.



Amendments to IFRS 3

Business Combinations

January 1, 2020

Changes in the definition of a business to clarify whether a business or a group of assets was being acquired.

No material impact.


Insurance Contracts

January 1, 2021

IFRS 17 governs the accounting for insurance contracts and replaces IFRS 4.

No material impact.

Amendments to IAS 1

Presentation of Financial Statements

January 1, 2021

Clarification of the classification of liabilities as current or non-current.

No material impact.

The reform of interbank offered rates (IBORs) is currently generating uncertainty regarding the timing of implementation and the precise content of the planned changes. Deutsche Telekom is affected by this uncertainty in its hedging of interest rate and currency risks in designated fair value and cash flow hedges where certain IBORs are part of the hedging relationship (EURIBOR, USD-LIBOR, GBP-LIBOR, AUD-LIBOR, HKD-LIBOR, and NOK-OIBOR). Group Treasury continuously analyzes the latest developments and takes any steps needed to transition to the new interest rate benchmarks. Deutsche Telekom does not expect the changes in the benchmark rates to have a material impact.

For information on financial instruments, please refer to Note 41 “Financial instruments and risk management.”