MRM // 2021 Universal Registration Document

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General information on the issuer and its share capital

Consolidated nancial statements for the nancial year ended 31 December 2021

Note 2 Accounting principles

The main accounting policies applied in preparing the consolidated fnancial statements are presented below. Unless stated otherwise, these methods have been applied consistently across all periods presented.

2.1 Going concern principle The financial statements as of 31 December 2021 were prepared on the basis of the going concern principle, taking into account the operations carried out during the year and described in Section 1.2 “Signifcant events of the period”. 2.2 Presentation of the consolidated financial statements in accordance with IFRS Pursuant to regulation (EC) No. 1606/2002 of 19 July 2002, M.R.M. group’s consolidated financial statements as of 31 December 2021 were prepared in accordance with the standards and interpretations applicable at that date as published by the International Accounting Standards Board (IASB) and adopted by the European Union at the date the financial statements were approved by the Board of directors. These accounting rules, which can be accessed via the European Commission’s website (https://ec.europa.eu/info/ business-economy-euro/company-reporting-and-auditing/ company-reporting/financial-reporting_en), are the international accounting standards (IAS) and international financial reporting standards (IFRS) and the interpretations by the Standing Interpretations Committee (SIC) and the International financial reporting Interpretations Committee (IFRIC). The Group’s consolidated financial statements were prepared on the basis of the historical cost principle except for investment properties, financial instruments and assets held for sale which are measured at fair value as per IAS 40, IAS 32 and 39 and IFRS 5. Preparing the financial statements in accordance with IFRS requires certain critical accounting estimates to be made. The Group is also required to exercise its judgement when applying accounting policies. The most critical areas in terms of judgement or complexity, or those for which the assumptions and estimates are material with respect to the consolidated financial statements, are set out in note 4.5 on the fair value of investment properties. On 24 February 2022, the Board of directors authorised the publication of the Group’s consolidated financial statements as of 31 December 2021.

Standards, amendments and interpretations applicable as of 1 January 2021 The standards, amendments to standards and interpretations published by IASB and presented below are applicable for financial years beginning as of 1 January 2021: • amendments to IFRS 9, IAS 39 and IFRS 7 - “Reform of Interbank Reference Rates (IBOR)” - Phase 2; • amendments to IFRS 16 - “Reductions in rents related to COVID-19 beyond 30 June 2021”; • amendments to IFRS 4; • IFRS IC conclusions on the Attribution of Benefts to Periods of Service (IAS 19 - “Employee Benefts”); • IFRS IC Conclusions on “Cloud Application Implementation and Access Costs” (IAS 38 - “Intangible Assets”). These new amendments and interpretations did not have a material impact on the Group’s results and financial position. Standards, amendments and interpretations for application published by the IASB and adopted by the European Union: applicable early as of 1 January 2021 and mandatory as of 1 January 2022 • amendments to IAS 37 - “Costs to be taken into account in determining whether a contract is onerous”; These amendments specify the costs to be used in the analysis of onerous contracts. • amendments to IFRS 3 - “Update of the conceptual framework references”; • annual improvements to IFRS - 2018/2020 Cycle (IFRS 1, IFRS 9, IAS 41, IFRS 16); • amendment to IAS 16 - “Recognition of Revenue Generated Before Intended Use”. The Group did not apply any of these amendments early in the 2021 fnancial year.

M.R.M. 2021 UNIVERSAL REGISTRATION DOCUMENT

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