Disclosure Of Material Accounting Policy Information [Text Block]
| Concept |
2023-01-01 to 2023-12-31 |
|---|---|
| Disclosure of material accounting policy information [text block] | — |
| Description of accounting policy for borrowing costs [text block] |
Interest is capitalised as a part of the carrying amount of a
|
| Description of accounting policy for borrowings [text block] |
Principle application and judgements
|
| Description of accounting policy for business combinations and goodwill [text block] |
Business combinations
|
| Description of accounting policy for cash flows [text block] |
Statement of cash flows
|
| Description of accounting policy for deferred income tax [text block] |
Deferred tax assets
|
| Description of accounting policy for depreciation expense [text block] |
Depreciations are calculated based on estimated useful life
|
| Description of accounting policy for derivative financial instruments [text block] |
Embedded derivatives
|
| Description of accounting policy for dividends [text block] |
Dividend to shareholders
|
| Description of accounting policy for earnings per share [text block] |
Principle application and judgements
|
| Description of accounting policy for employee benefits [text block] |
Principle application and judgements
|
| Description of accounting policy for finance costs [text block] |
Foreign exchange gains (losses) related to financing activities
|
| Description of accounting policy for finance income and costs [text block] |
Principle application and judgements
|
| Description of accounting policy for financial assets [text block] |
Financial assets
|
| Description of accounting policy for financial instruments [text block] |
Principle application and judgements
|
| Description of accounting policy for financial liabilities [text block] |
Bills payables
|
| Description of accounting policy for foreign currency translation [text block] |
Foreign currency translation
|
| Description of accounting policy for functional currency [text block] |
Each entity in the group determines its functional currency
|
| Description of accounting policy for goodwill [text block] |
Principle application and judgements
|
| Description of accounting policy for government grants [text block] |
Grants
|
| Description of accounting policy for hedging [text block] |
Principle application and judgements
|
| Description of accounting policy for impairment of financial assets [text block] |
Elkem calculates the expected credit losses (ECL) for trade
|
| Description of accounting policy for impairment of non-financial assets [text block] |
Principle application and judgements
|
| Description of accounting policy for income tax [text block] |
Income taxes
|
| Description of accounting policy for investments other than investments accounted for using equity method [text block] |
Other shares
|
| Description of accounting policy for leases [text block] |
Principle application and judgements
|
| Description of accounting policy for loans and receivables [text block] |
Loans and receivables
|
| Description of accounting policy for measuring inventories [text block] |
Principle application and judgements
|
| Description of accounting policy for intangible assets other than goodwill [text block] |
Principle application and judgements
|
| Description of accounting policy for investment in associates [text block] |
Share of profit (loss) from investments in associates
|
| Description of accounting policy for investment in associates and joint ventures [text block] |
Principle application and judgements
|
| Description of accounting policy for property, plant and equipment [text block] |
Principle application and judgements
|
| Description of accounting policy for provisions [text block] |
Principle application and judgements
|
| Description of accounting policy for recognition of revenue [text block] |
Principle application and judgements
|
| Description of accounting policy for repairs and maintenance [text block] |
Major periodic maintenance that is carried out less frequently
|
| Description of accounting policy for restricted cash and cash equivalents [text block] |
Cash and cash equivalents
|
| Description of accounting policy for segment reporting [text block] |
Principle application and judgements
|
| Description of accounting policy for share-based payment transactions [text block] |
Principle
|
| Description of accounting policy for subsidiaries [text block] |
Consolidation
|
| Description of accounting policy for trade and other receivables [text block] |
Principle application and judgements
|
| Description of accounting policy for transactions with related parties [text block] |
Related parties' relationships are defined to be entities outside
|