Disclosure Of Material Accounting Policy Information [Text Block]

PureTech Health plc - Filing #5879297

Concept 2024-01-01 to
2024-12-31
Disclosure of material accounting policy information [text block]
Material Accounting Policies
Description of accounting policy for depreciation expense [text block]
Depreciation is calculated using the straight-line method over the estimated useful life of the related asset:
Description of accounting policy for fair value measurement [text block]
Fair Value Measurements
Description of accounting policy for finance income and costs [text block]
Finance Income and Finance Costs
Description of accounting policy for financial assets [text block]
Financial Assets
Description of accounting policy for financial instruments [text block]
Financial Instruments
Description of accounting policy for financial liabilities [text block]
Financial Liabilities
Description of accounting policy for foreign currency translation [text block]
Foreign Currency
Description of accounting policy for functional currency [text block]
Functional and Presentation Currency
Description of accounting policy for government grants [text block]
Grant Revenue
Description of accounting policy for impairment of non-financial assets [text block]
Impairment of Non-Financial Assets
Description of accounting policy for income tax [text block]
Taxation
Description of accounting policy for issued capital [text block]
Share Capital
Description of accounting policy for leases [text block]
Leases
Description of accounting policy for intangible assets other than goodwill [text block]
Intangible Assets
Description of accounting policy for investment in associates [text block]
Associates
Description of accounting policy for property, plant and equipment [text block]
Property and Equipment
Description of accounting policy for provisions [text block]
Provisions
Description of accounting policy for research and development expense [text block]
Development Costs
Description of accounting policy for segment reporting [text block]
Operating Segments
Description of accounting policy for share-based payment transactions [text block]
Share-based Payments
Description of accounting policy for subsidiaries [text block]
Subsidiaries
Description of accounting policy for trade and other receivables [text block]
Trade and other receivables are non-derivative financial assets with fixed and determinable payments that are not quoted on active markets. These financial assets are carried at the amounts expected to be received less any expected lifetime losses. Such losses are determined taking into account previous experience, credit rating and economic stability of counterparty and economic conditions. When a trade receivable is determined to be uncollectible, it is written off against the available provision. As of balance sheet date, the Group did not record any such expected lifetime losses related to the outstanding trade and other receivable balances. Trade and other receivables are included in current assets, unless maturities are greater than 12 months after the end of the reporting period.
Description of accounting policy for transactions with non-controlling interests [text block]
Change in Subsidiary Ownership and Loss of Control
Description of accounting policy for treasury shares [text block]
Treasury Shares

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