Disclosure Of Material Accounting Policy Information [Text Block]

SAGA PLC - Filing #2036353

Concept 2023-02-01 to
2024-01-31
Disclosure of material accounting policy information [text block]
2.3 Summary of material accounting policies
Description of accounting policy for borrowing costs [text block]
m) Borrowing costs
Description of accounting policy for borrowings [text block]
With the exception of lease liabilities, all financial liabilities are
Description of accounting policy for cash flows [text block]
For the purpose of the consolidated statement of cash flows,
Description of accounting policy for construction in progress [text block]
Assets in the course of construction at the statement of financial
Description of accounting policy for customer acquisition costs [text block]
i) Costs of acquiring insurance contracts
Description of accounting policy for deferred income tax [text block]
ii) Deferred tax
Description of accounting policy for depreciation expense [text block]
Depreciation is charged to the income statement on a straight-line
Description of accounting policy for derecognition of financial instruments [text block]
Derecognition
Description of accounting policy for derivative financial instruments [text block]
iv) Derivatives
Description of accounting policy for determining components of cash and cash equivalents [text block]
n) Cash and short-term deposits
Description of accounting policy for employee benefits [text block]
t) Retirement benefit schemes
Description of accounting policy for fair value measurement [text block]
v) Fair values
Description of accounting policy for finance costs [text block]
iii) Finance costs
Description of accounting policy for financial assets [text block]
i) Financial assets
Description of accounting policy for financial instruments [text block]
k) Financial instruments
Description of accounting policy for financial instruments at fair value through profit or loss [text block]
Description of accounting policy for financial liabilities [text block]
iii) Financial liabilities
Description of accounting policy for foreign currency translation [text block]
e) Foreign currencies
Description of accounting policy for functional currency [text block]
The Group’s consolidated financial statements are presented
Description of accounting policy for goodwill [text block]
g) Business combinations and goodwill
Description of accounting policy for hedging [text block]
vi) Hedge accounting
Description of accounting policy for impairment of financial assets [text block]
ii) Impairment of financial assets
Description of accounting policy for impairment of non-financial assets [text block]
h) Impairment of non-financial assets
Description of accounting policy for income tax [text block]
d) Taxes
Description of accounting policy for insurance contracts and related assets, liabilities, income and expense [text block]
r) Insurance contracts underwritten by the Group and
Description of accounting policy for issued capital [text block]
w) Equity
Description of accounting policy for leases [text block]
l) Leases
Description of accounting policy for measuring inventories [text block]
q) Inventories
Description of accounting policy for intangible assets other than goodwill [text block]
f) Intangible assets
Description of accounting policy for non-current assets or disposal groups classified as held for sale and discontinued operations [text block]
j) Non-current assets held for sale
Description of accounting policy for property, plant and equipment [text block]
i) Property, plant and equipment
Description of accounting policy for provisions [text block]
u) Provisions
Description of accounting policy for repairs and maintenance [text block]
All other repairs and maintenance
Description of accounting policy for segment reporting [text block]
3 Segmental information
Description of accounting policy for share-based payment transactions [text block]
s) Share-based payments
Description of accounting policy for subsidiaries [text block]
b) Investments in subsidiaries
Description of accounting policy for trade and other payables [text block]
v) Trade and other payables
Description of accounting policy for trade and other receivables [text block]
p) Trade and other receivables
Description of accounting policy for trading income and expense [text block]
a) Revenue recognition
Description of accounting policy for transactions with non-controlling interests [text block]
For each business combination, the Group elects

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