Disclosure Of Material Accounting Policy Information [Text Block]

Technical Olympic S.A. - Filing #5892912

Concept 2024-01-01 to
2024-12-31
Disclosure of material accounting policy information [text block]
7
Description of accounting policy for borrowing costs [text block]
The Group capitalizes all the borrowing costs that can be allocated directly to acquisition, construction or production of
Description of accounting policy for borrowings [text block]
Loan liabilities
Description of accounting policy for cash flows [text block]
For the preparation of cash flow statements, cash and cash equivalents consists of cash in hand, bank deposits as well
Description of accounting policy for deferred income tax [text block]
7.11.
Description of accounting policy for depreciation expense [text block]
Depreciation of other tangible assets (except for land plots that cannot be depreciated) is calculated based on the
Description of accounting policy for derecognition of financial instruments [text block]
7.9.1.
Description of accounting policy for derivative financial instruments and hedging [text block]
Financial assets are classified as held for trading if they are acquired for sale or repurchase in the near future.
Description of accounting policy for determining components of cash and cash equivalents [text block]
7.17.
Description of accounting policy for discontinued operations [text block]
Profits or losses from discontinued operations, including profits or losses of the comparative period, are presented as a
Description of accounting policy for dividends [text block]
Dividends distributed to the Company's shareholders are recognized in the financial statements as a liability in the period
Description of accounting policy for fair value measurement [text block]
7.9.3.
Description of accounting policy for financial assets [text block]
7.9.2.
Description of accounting policy for financial instruments [text block]
7.9.
Description of accounting policy for financial instruments at fair value through profit or loss [text block]
Financial assets measured at fair value through profit or loss
Description of accounting policy for financial liabilities [text block]
7.9.5.
Description of accounting policy for foreign currency translation [text block]
7.3.
Description of accounting policy for functional currency [text block]
6.2.3.
Description of accounting policy for government grants [text block]
7.12.
Description of accounting policy for impairment of assets [text block]
7.7.
Description of accounting policy for impairment of financial assets [text block]
7.9.4.
Description of accounting policy for issued capital [text block]
7.10.
Description of accounting policy for leases [text block]
7.6.
Description of accounting policy for measuring inventories [text block]
7.16.
Description of accounting policy for intangible assets other than goodwill [text block]
7.19.
Description of accounting policy for interest income and expense [text block]
vii)
Description of accounting policy for investment in associates and joint ventures [text block]
Associates
Description of accounting policy for investment property [text block]
7.5.
Description of accounting policy for non-current assets or disposal groups classified as held for sale and discontinued operations [text block]
7.15.
Description of accounting policy for offsetting of financial instruments [text block]
7.9.6.
Description of accounting policy for property, plant and equipment [text block]
7.4.
Description of accounting policy for provisions [text block]
7.13.
Description of accounting policy for recognition of revenue [text block]
7.14.
Description of accounting policy for restricted cash and cash equivalents [text block]
The Group’s restricted deposits, irrespective of the nature of their commitment, are not included in the cash and cash
Description of accounting policy for segment reporting [text block]
7.1.
Description of accounting policy for subsidiaries [text block]
Subsidiaries
Description of accounting policy for termination benefits [text block]
7.18.
Description of accounting policy for trade and other payables [text block]
Trade and other payables
Description of accounting policy for treasury shares [text block]
Where the Company or its subsidiaries purchase part of the Company's share capital (treasury shares), the amount

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