Disclosure Of Material Accounting Policy Information [Text Block]

RENEWI PLC - Filing #2154302

Concept	2023-04-01 to 2024-03-31
Disclosure of material accounting policy information [text block]	—
Description of accounting policy for borrowings [text block]
Description of accounting policy for business combinations [text block]
Description of accounting policy for depreciation expense [text block]	Depreciation is provided to write off cost (less the expected residual value) on a straight-line basis over the expected useful economic
Description of accounting policy for derecognition of financial instruments [text block]	The Group has an invoice finance facility whereby certain of its trade receivables are sold for an upfront cash payment to a third party
Description of accounting policy for derivative financial instruments and hedging [text block]
Description of accounting policy for determining components of cash and cash equivalents [text block]
Description of accounting policy for dividends [text block]
Description of accounting policy for earnings per share [text block]	Basic earnings per share is calculated by dividing the profit attributable to the owners of the parent entity by the weighted
Description of accounting policy for employee benefits [text block]
Description of accounting policy for finance income and costs [text block]
Description of accounting policy for financial assets [text block]
Description of accounting policy for financial instruments [text block]	The Group classifies and measures its financial assets at amortised cost or at fair value (either through Other Comprehensive Income or
Description of accounting policy for foreign currency translation [text block]
Description of accounting policy for functional currency [text block]	The financial statements of each of the Group’s entities are measured using the currency of the primary economic environment in which
Description of accounting policy for government grants [text block]	Where a government grant has been received in relation to an item of capital expenditure it is generally deducted from the carrying
Description of accounting policy for impairment of assets [text block]
Description of accounting policy for impairment of financial assets [text block]	The IFRS 9 general approach is applied in relation to expected credit loss which requires an allowance to be recorded on initial
Description of accounting policy for income tax [text block]
Description of accounting policy for investments other than investments accounted for using equity method [text block]	Other investments in entities that are neither associates, joint ventures nor subsidiaries are held at fair value through profit or loss except
Description of accounting policy for issued capital [text block]
Description of accounting policy for leases [text block]
Description of accounting policy for measuring inventories [text block]
Description of accounting policy for intangible assets other than goodwill [text block]	Landfill void represents the value of landfill capacity to deposit waste in two landfill sites in the Netherlands. The initial landfill void was
Description of accounting policy for investment in associates [text block]
Description of accounting policy for investments in joint ventures [text block]	A joint venture is a joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets
Description of accounting policy for non-current assets or disposal groups classified as held for sale and discontinued operations [text block]
Description of accounting policy for property, plant and equipment [text block]
Description of accounting policy for provisions [text block]
Description of accounting policy for recognition of revenue [text block]
Description of accounting policy for share-based payment transactions [text block]
Description of accounting policy for subsidiaries [text block]	Subsidiaries are entities which are directly or indirectly controlled by the Group. Control exists where the Group is exposed to, or has
Description of accounting policy for trade and other payables [text block]
Description of accounting policy for trade and other receivables [text block]