Accounting policies
In accordance with § 53 (6) of the Exchange Rules for the Frankfurter Wertpapierbörse (FWB), Deutsche Telekom AG voluntarily publishes a quarterly financial report that comprises interim consolidated financial statements and an interim Group management report. The interim consolidated financial statements were prepared in accordance with the IFRS® Accounting Standards (hereinafter referred to as “IFRS Accounting Standards”) issued by the International Accounting Standards Board (IASB) and applicable to interim financial reporting as adopted by the EU as of the reporting date. The interim management report for the Group was prepared in accordance with the German Securities Trading Act.
Statement of compliance
The interim consolidated financial statements for the period ended March 31, 2025 are in compliance with International Accounting Standard (IAS) 34. As permitted by IAS 34, it has been decided to publish a condensed version compared to the consolidated financial statements as of December 31, 2024. All IFRS Accounting Standards applied by Deutsche Telekom AG have been adopted by the European Commission for use within the EU.
In the opinion of the Board of Management, the reviewed quarterly financial report includes all standard adjustments to be applied on an ongoing basis that are required to give a true and fair view of the results of operations and financial position of the Group. Please refer to the notes to the consolidated financial statements as of December 31, 2024 for the summary of accounting policies used in the consolidated interim financial statements.
Initial application of standards, interpretations, and amendments in the reporting period
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Pronouncement |
Title |
To be applied by |
Changes |
Impact on the presentation of |
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IFRS Accounting Standards endorsed by the EU |
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Amendments to IAS 21 |
Lack of Exchangeability |
Jan. 1, 2025 |
The amendments amend IAS 21 to
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No impact. |
For further information on standards, interpretations, and amendments that have been issued but not yet applied, as well as disclosures on the recognition and measurement of items in the statement of financial position and discretionary decisions and estimation uncertainties, please refer to the section “Summary of accounting policies” in the notes to the consolidated financial statements in the 2024 Annual Report.
Changes in accounting policies and changes in the reporting structure
Deutsche Telekom did not make any major changes to its accounting policies or reporting structure in the reporting period.