Notes And Other Explanatory Information [Abstract]

Adler Group - Filing #4368714

Concept	2023-01-01 to 2023-12-31
Notes and other explanatory information [abstract]
Disclosure of accounting judgements and estimates [text block]	F. Use of estimates, judgements and fair value measurement
Disclosure of allowance for credit losses [text block]	The credit risk resulting from debt securities is not material to the Group. Credit losses are recorded at the amount of the 12-month expected credit loss.
Disclosure of associates [text block]	Note 8 – Investments accounted under the equity method
Disclosure of auditors' remuneration [text block]	Note 34 – Auditors’ fees
Disclosure of authorisation of financial statements [text block]	The consolidated financial statements were authorised for issue by the Board of Directors on 26 September 2024.
Disclosure of basis of consolidation [text block]	Note 3 – Basis of consolidation
Disclosure of basis of preparation of financial statements [text block]	Note 2 – Basis of preparation
Disclosure of business combinations [text block]	B. Additions to the scope of consolidated entities
Disclosure of changes in accounting policies [text block]	G. Initial application of new standards, amendments to standards and interpretations
Disclosure of contingent liabilities [text block]	Contingent losses from development contracts mainly relate to project developments with potential adverse margin expectations and rent guarantees given. The measurement is based on management’s expectations on sales, revenues for those projects, the completion stage for individual projects and rental status. During the reporting period, after utilisation of an amount of EUR 24,476 thousand, the remaining amount of EUR 23,628 thousand has been released and presented in other income. An amount of EUR 77,132 thousand has been added to the provisions based on updated management’s expectations. The balance of the provision for contingent losses from development contracts is short-term and hence does not include any interest component.
Disclosure of cost of sales [text block]	Note 26 – Cost of operations
Disclosure of debt instruments [text block]	Note 19 – Corporate bonds and convertible bonds
Disclosure of deferred income [text block]	The net contract liabilities related to development projects developed as follows:
Disclosure of deferred taxes [text block]	B. Income taxes
Disclosure of deposits from customers [text block]	Note 11 – Restricted bank deposits
Disclosure of derivative financial instruments [text block]	Note 21 – Derivatives
Disclosure of dividends [text block]	The holders of ordinary shares are entitled to receive dividends and are entitled to one vote per share at the General Meetings of the Company. All shares rank equally with regard to the Company’s residual assets. The par value per share is EUR 0.0012.
Disclosure of earnings per share [text block]	Note 36 – Earnings per share
Disclosure of employee benefits [text block]	In EUR thousand
Disclosure of entity's operating segments [text block]	Note 35 – Segments reporting
Disclosure of events after reporting period [text block]	Note 37 – Material events in the Reporting Period and Subsequent events
Disclosure of fair value measurement [text block]	According to the Group’s fair value valuation policies, investment properties generally undergo a detailed valuation as at 30 June and 31 December of each year unless the Group identified material changes in the value of these properties at an earlier date.
Disclosure of financial instruments [text block]	Note 7 – Investments in financial instruments
Disclosure of financial instruments designated at fair value through profit or loss [text block]	Derivative assets include an option to repurchase shares of non-controlling interests in the Group’s property companies amounting to EUR 6,393 thousand (31 December 2022: EUR 8,053 thousand). The remainder of the derivatives (both with positive and with negative carrying amounts) relate to interest rate swaps and caps.
Disclosure of financial risk management [text block]	A. Credit risk
Disclosure of going concern [text block]	Nevertheless, despite proactive measures, the going concern assessment is inherently subject to certain risks and uncertainties. The consolidated financial statements of Adler Group S.A., as per International Financial Reporting Standards, presuppose the entity’s ability to continue as a going concern. This is predicated on the successful negotiation with creditors to sustain the business, realise asset sales, and settle liabilities in the ordinary course of business for the foreseeable future, which is assessed to be at least, but not limited to, two years from the reporting date.
Disclosure of information about employees [text block]	As at 31 December 2023, the Group had 721 full-time employees (31 December 2022: 787). On an annual average 758 people (2022: 934) were employed.
Disclosure of information about key management personnel [text block]	B. Transactions with key management personnel
Disclosure of intangible assets and goodwill [text block]	Note 12 – Goodwill
Disclosure of interest income [text block]	Note 30 – Net finance costs
Disclosure of interest income (expense) [text block]	Interest expenses capitalised in the investment properties under development amount to EUR 0 thousand (2022: EUR 62,127 thousand).
Disclosure of inventories [text block]	D. Inventories including acquired land and buildings
Disclosure of investment property [text block]	Note 6 – Investment properties
Disclosure of issued capital [text block]	1. Share capital and share premium
Disclosure of joint ventures [text block]	Investments in joint ventures
Disclosure of leases [text block]	Note 31 – Leases
Disclosure of liquidity risk [text block]	C. Liquidity risk
Disclosure of market risk [text block]	B. Market risk
Disclosure of non-controlling interests [text block]	In April 2023, Adler Group completed a reorganisation of the Group’s corporate structure. Following the completion of the reorganisation, Adler Group became the sole shareholder of the newly incorporated Luxembourg entity Adler Group Intermediate Holding S.à r.l. (“Adler Group Intermediate Holding”), which became the sole shareholder of three new incorporated Luxembourg entities (collectively, the “Collateral LuxCos”) and all shares in Adler RE, Consus Real Estate AG and certain other subsidiaries, which were previously directly or indirectly held by Adler Group (except for the AGPS BondCo and for a certain number of the shares in such subsidiaries, which continue to be held by Adler Group), were transferred to the Collateral LuxCos. This intra-group reorganisation serves the collateralisation purposes in the restructuring process with bondholders and did not have any material impact on the consolidated financial statements of the Group.
Disclosure of non-current assets held for sale and discontinued operations [text block]	Valuation technique and significant unobservable inputs
Disclosure of non-current assets or disposal groups classified as held for sale [text block]	In EUR thousand
Disclosure of objectives, policies and processes for managing capital [text block]	E. Capital management
Disclosure of other current assets [text block]	1) The carrying amounts of certain financial assets and liabilities, including cash and cash equivalents, trade and other receivables, restricted and other bank deposits and trade and other financial payables are considered to be the same or proximate to their fair value due to their short-term nature.
Disclosure of other non-current assets [text block]	In EUR thousand
Disclosure of other operating income (expense) [text block]	Note 28 – Other expenses
Disclosure of other operating income [text block]	Note 29 – Other income
Disclosure of other provisions, contingent liabilities and contingent assets [text block]	Provisions
Disclosure of prepayments and other assets [text block]	Note 23 – Prepayments received
Disclosure of profit (loss) from operating activities [text block]	Note 25 – Revenue
Disclosure of property, plant and equipment [text block]	Note 9 – Property, plant and equipment
Disclosure of provisions [text block]	To the extent applicable, uncertainties of tax treatments are adequately reflected as provisions and presented as income tax liabilities.
Disclosure of related party [text block]	Note 33 – Related parties
Disclosure of reserves within equity [text block]	2. Hedging reserve
Disclosure of restricted cash and cash equivalents [text block]	E. Restricted bank deposits
Disclosure of revenue [text block]	Reversals of transactions result from withdrawals from forward sales, either by Adler or by the respective client. In such cases, revenue recognition cannot be applied any longer and all contract balances recognised for the transaction are reversed against profit or loss.
Disclosure of revenue from contracts with customers [text block]	Note 13 – Contract assets from development
Disclosure of share capital, reserves and other equity interest [text block]	Note 18 – Equity
Disclosure of share-based payment arrangements [text block]	Note 27 – General and administrative expenses
Disclosure of subsidiaries [text block]	Note 5 – Acquisitions and other changes in the consolidation scope
Disclosure of tax receivables and payables [text block]	Provisions and other payables are composed of the following:
Disclosure of trade and other payables [text block]	D. Fair value
Disclosure of trade and other receivables [text block]	Note 15 – Trade receivables