Disclosure Of Material Accounting Policy Information [Text Block]

Fortum Oyj - Filing #2161649

Concept 2023-01-01 to
2023-12-31
Disclosure of material accounting policy information [text block]
1 Material accounting policies
Description of accounting policy for borrowing costs [text block]
BORROWING COSTS
Description of accounting policy for business combinations and goodwill [text block]
SUBSIDIARIES
Description of accounting policy for collateral [text block]
PLEDGED ASSETS
Description of accounting policy for contingent liabilities and contingent assets [text block]
CONTINGENT LIABILITIES
Description of accounting policy for deferred income tax [text block]
Deferred tax is provided in full, using the balance sheet approach on temporary differences
Description of accounting policy for derecognition of financial instruments [text block]
DERECOGNITION
Description of accounting policy for discontinued operations [text block]
DISCONTINUED OPERATIONS
Description of accounting policy for dividends [text block]
DIVIDENDS
Description of accounting policy for earnings per share [text block]
EARNINGS PER SHARE
Description of accounting policy for emission rights [text block]
EMISSION ALLOWANCES AND GREEN CERTIFICATES
Description of accounting policy for employee benefits [text block]
ACCOUNTING POLICIES
Description of accounting policy for environment related expense [text block]
ENVIRONMENTAL PROVISIONS
Description of accounting policy for fair value measurement [text block]
ACCOUNTING POLICIES
Description of accounting policy for financial assets [text block]
FINANCIAL ASSETS
Description of accounting policy for financial instruments [text block]
ACCOUNTING POLICIES
Description of accounting policy for financial instruments at fair value through profit or loss [text block]
FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS
Description of accounting policy for financial liabilities [text block]
FINANCIAL LIABILITIES
Description of accounting policy for foreign currency translation [text block]
1.5 Foreign currency transactions and translation
Description of accounting policy for functional currency [text block]
1.5.1 Functional and presentation currency
Description of accounting policy for goodwill [text block]
GOODWILL
Description of accounting policy for hedging [text block]
ACCOUNTING FOR DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES
Description of accounting policy for impairment of financial assets [text block]
IMPAIRMENT
Description of accounting policy for impairment of non-financial assets [text block]
ACCOUNTING POLICIES
Description of accounting policy for income tax [text block]
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit
Description of accounting policy for leases [text block]
ACCOUNTING POLICIES
Description of accounting policy for measuring inventories [text block]
ACCOUNTING POLICIES
Description of accounting policy for intangible assets and goodwill [text block]
ACCOUNTING POLICIES
Description of accounting policy for investment in associates [text block]
1.3.2 Associates
Description of accounting policy for investments in joint ventures [text block]
1.3.3 Joint ventures
Description of accounting policy for property, plant and equipment [text block]
ACCOUNTING POLICIES
Description of accounting policy for provisions [text block]
ACCOUNTING POLICIES
Description of accounting policy for repairs and maintenance [text block]
All other repairs and
Description of accounting policy for research and development expense [text block]
RESEARCH AND DEVELOPMENT COSTS
Description of accounting policy for restricted cash and cash equivalents [text block]
ACCOUNTING POLICIES
Description of accounting policy for segment reporting [text block]
MATERIAL ACCOUNTING POLICIES
Description of accounting policy for subsidiaries [text block]
1.3.1 Subsidiaries
Description of accounting policy for trade and other receivables [text block]
ACCOUNTING POLICIES

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