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Initial application of IFRS Accounting Standards, interpretations, and amendments in the financial year

Initial application of IFRS Accounting Standards, interpretations, and amendments in the financial year

 

 

 

 

 

Pronouncement

Title

To be applied by Deutsche Telekom from

Changes

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

IFRS Accounting Standards endorsed by the EU

Amendments to IAS 21

Lack of Exchangeability

Jan. 1, 2025

The amendments amend IAS 21 to

  • specify when a currency is exchangeable into another currency and when it is not;
  • specify how an entity determines the exchange rate to apply when a currency is not exchangeable; and
  • require the disclosure of additional information when a currency is not exchangeable.

No impact.

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