Development of business in the Group

The new IFRS 16 “Leases” accounting standard has been applied since January 1, 2019. The presentation of the financial position of the Group and the results of operations of the Group are materially influenced by the application of this standard. Since the start of the 2019 financial year, we have taken the effects of the mandatory first-time application into account when determining our financial performance indicators. For further information on the first-time application of the accounting standard, please refer to the section “Group organization, strategy, and management,” and in the interim consolidated financial statements in the section “Accounting policies.”