Disclosure Of Material Accounting Policy Information [Text Block]

FORTERRA PLC - Filing #2019096

Concept 2023-01-01 to
2023-12-31
Disclosure of material accounting policy information [text block]
Description of accounting policy for borrowings [text block]
(IV) Loans and borrowings
Description of accounting policy for deferred income tax [text block]
(P) Current and deferred income tax
Description of accounting policy for depreciation expense [text block]
Assets under construction are not depreciated until they are
Description of accounting policy for derivative financial instruments and hedging [text block]
(V) Derivative financial instruments (excluding those
Description of accounting policy for determining components of cash and cash equivalents [text block]
(III) Cash and cash equivalents
Description of accounting policy for discounts and rebates [text block]
The Group provides volume-based rebates to certain
Description of accounting policy for employee benefits [text block]
(Q) Employee benefits
Description of accounting policy for finance costs [text block]
Finance expense
Description of accounting policy for finance income and costs [text block]
(O) Net finance expense
Description of accounting policy for financial instruments [text block]
(K) Financial instruments
Description of accounting policy for foreign currency translation [text block]
(E) Foreign currency translation
Description of accounting policy for functional currency [text block]
The presentational currency of the Group is pounds sterling;
Description of accounting policy for goodwill [text block]
Description of accounting policy for hedging [text block]
Description of accounting policy for impairment of assets [text block]
Description of accounting policy for issued capital [text block]
(N) Share capital
Description of accounting policy for leases [text block]
Description of accounting policy for measuring inventories [text block]
Description of accounting policy for intangible assets and goodwill [text block]
Description of accounting policy for intangible assets other than goodwill [text block]
Description of accounting policy for property, plant and equipment [text block]
(H) Property, plant and equipment
Description of accounting policy for provisions [text block]
(M) Provisions
Description of accounting policy for recognition of revenue [text block]
(F) Revenue
Description of accounting policy for research and development expense [text block]
(VI) Research and development costs
Description of accounting policy for segment reporting [text block]
(G) Segment reporting
Description of accounting policy for share-based payment transactions [text block]
(R) Share-based payments
Description of accounting policy for subsidiaries [text block]
(D) Basis of consolidation
Description of accounting policy for trade and other payables [text block]
(II) Trade and other payables (excluding statutory
Description of accounting policy for trade and other receivables [text block]
Description of accounting policy for treasury shares [text block]
(S) Own shares held by employee benefit trust

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