Disclosure Of Material Accounting Policy Information [Text Block]
| Concept |
2024-01-01 to 2024-12-31 |
|---|---|
| Disclosure of material accounting policy information [text block] |
2. Basis for preparing the consolidated financial statements
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| Description of accounting policy for borrowing costs [text block] |
Interest is capitalised as a part of the carrying amount of a
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| Description of accounting policy for borrowings [text block] |
Principle application
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| Description of accounting policy for business combinations [text block] |
Business combinations
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| Description of accounting policy for cash flows [text block] |
Statement of cash flows
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| Description of accounting policy for deferred income tax [text block] |
Deferred tax assets
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| Description of accounting policy for depreciation expense [text block] |
Depreciations are calculated based on estimated useful life and
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| Description of accounting policy for derivative financial instruments [text block] |
Embedded derivatives
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| Description of accounting policy for determining components of cash and cash equivalents [text block] |
Cash and cash equivalents
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| Description of accounting policy for dividends [text block] |
Dividend to shareholders
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| Description of accounting policy for earnings per share [text block] |
Principle application and judgements
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| Description of accounting policy for employee benefits [text block] |
Principle application
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| Description of accounting policy for fair value measurement [text block] |
Principle application
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| Description of accounting policy for finance costs [text block] |
Foreign exchange gains (losses) related to financing activities
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| Description of accounting policy for financial assets [text block] |
Financial assets
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| Description of accounting policy for financial instruments at fair value through profit or loss [text block] |
Other shares
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| Description of accounting policy for financial liabilities [text block] |
Bills payables
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| Description of accounting policy for foreign currency translation [text block] |
Foreign currency translation
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| Description of accounting policy for functional currency [text block] |
Each entity in the group determines its functional currency
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| Description of accounting policy for goodwill [text block] |
Principle application and judgements
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| Description of accounting policy for government grants [text block] |
Grants related to expenses are presented in the statement
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| Description of accounting policy for hedging [text block] |
Principle application and judgements
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| Description of accounting policy for impairment of assets [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 income tax [text block] |
Income taxes
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| 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
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| Description of accounting policy for measuring inventories [text block] |
Principle application and judgements
|
| Description of accounting policy for interest income and expense [text block] |
Principle application
|
| Description of accounting policy for investment in associates and joint ventures [text block] |
Principle application and judgements
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| Description of accounting policy for investments in joint ventures [text block] |
Share of profit (loss) from investments in associates
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| Description of accounting policy for non-current assets or disposal groups classified as held for sale and discontinued operations [text block] |
Principle application and judgements
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| Description of accounting policy for property, plant and equipment [text block] |
Principle application and judgements
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| Description of accounting policy for provisions [text block] |
Principle application
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| Description of accounting policy for recognition of revenue [text block] |
Principle application
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| Description of accounting policy for repairs and maintenance [text block] |
Major periodic maintenance that is carried out less frequently
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| Description of accounting policy for research and development expense [text block] |
Principle application and judgements
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| Description of accounting policy for segment reporting [text block] |
Principle application
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| Description of accounting policy for share-based payment transactions [text block] |
Principle
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| Description of accounting policy for subsidiaries [text block] |
Consolidation
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| Description of accounting policy for trade and other receivables [text block] |
Principle application and judgements
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| Description of accounting policy for transactions with related parties [text block] |
Related parties' relationships are defined to be entities outside
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