Disclosure Of Material Accounting Policy Information [Text Block]

Pharming Group N.V. - Filing #1883078

Concept 2022-01-01 to
2022-12-31
Disclosure of material accounting policy information [text block]
Description of accounting policy for biological assets [text block]
Biological Assets
Description of accounting policy for borrowings [text block]
F
Description of accounting policy for business combinations [text block]
Business combinations
Description of accounting policy for deferred income tax [text block]
I
Description of accounting policy for depreciation expense [text block]
Property, plant and equipment is stated at cost less accumulated depreciation charges and accumulated impairment charges. Generally, depreciation is calculated using a straight-line basis over the estimated useful life of the asset. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. The carrying values of property, plant and equipment are reviewed for impairment when events or changes in circumstances indicate that the carrying value may not be recoverable.
Description of accounting policy for determining components of cash and cash equivalents [text block]
Cash and cash equivalents
Description of accounting policy for discounts and rebates [text block]
Revenue recognitio
Description of accounting policy for earnings per share [text block]
Earnings per share 
Description of accounting policy for employee benefits [text block]
Pension plan
Description of accounting policy for financial instruments [text block]
Financial assets
Description of accounting policy for financial instruments at fair value through profit or loss [text block]
Financial assets at fair value through profit and loss (FVTPL)
Description of accounting policy for foreign currency translation [text block]
Foreign currency translation
Description of accounting policy for government grants [text block]
Other income
Description of accounting policy for impairment of assets [text block]
Impairment of assets
Description of accounting policy for investments other than investments accounted for using equity method [text block]
Financial assets at fair value through other comprehensive income (FVTOCI)
Description of accounting policy for issued capital [text block]
Equity
Description of accounting policy for leases [text block]
Leases
Description of accounting policy for measuring inventories [text block]
Inventories
Description of accounting policy for intangible assets other than goodwill [text block]
Intangible assets acquired separately
Description of accounting policy for investment in associates [text block]
Investments in associates
Description of accounting policy for property, plant and equipment [text block]
Property, plant and equipment
Description of accounting policy for provisions [text block]
Provisions 
Description of accounting policy for segment reporting [text block]
The Executive Members of the Board of Directors are the chief operating decision-maker and consider the business from both a geographic and product perspective.
Description of accounting policy for share-based payment transactions [text block]
Share-based payment
Description of accounting policy for subsidiaries [text block]
Basis of consolidation 
Description of accounting policy for trade and other payables [text block]
Trade and other payables 
Description of accounting policy for trade and other receivables [text block]
Trade and other receivables

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