5.4Introductorynotesandaccountingpolicies
5.4.1Reportingentity







5.4.2Basisofpreparation
a)Statementofcompliance





Entryintoforceofthelatestamendmentstoexistingstandardsthatapplyduringthecurrentreporting
period


•
IFRS9FinancialInstruments,




Classication and Measurement –




Impairments 



Hedging –


Own Credit Risk – 


• IFRS15RevenuesfromContractswithCustomers













•
AmendmentstoIFRS15RevenuefromContractswithCustomers


•
AmendmentstoIAS40InvestmentProperty








•
AmendmentstoIFRS1andIAS28(ImprovementstotheIFRS,2014–2016cycle)












• IFRIC22ForeignCurrencyTransactionsandAdvanceConsideration








IllustrationoftheeectofIFRS9andIFRS15

ITEM 1/1/2018
Amendmentto
IFRS9
Amendmentto
IFRS15
31/12/2017
ASSETS
Non-currentassets
    
    
2,954,223 77,350 - 2,876,873
Current assets
    
    
    
53,849,617 -414,633 - 54,264,250
Total assets 56,803,840 -337,283 - 57,141,123
EQUITYANDLIABILITIES
Equity
    
11,316,970 -337,283 - 11,654,253
Current liabilities
    
    
30,175,345 - - 30,175,345
Total liabilities 30,175,345 - - 30,175,345
Totalequityandliabilities 41,492,315 -337,283 - 41,829,598








ITEM CategoryunderIAS39 IFRS9 IAS39 IFRS9 Eect








OCI
 





 





  





  



 
Total 50,612,940 50,275,657 -337,283

StandardsandamendmentstoexistingstandardsissuedbytheIASBandadoptedbytheEUbutnotyet
eective


• IFRS16Leases,













•
AmendmentstoIFRS9FinancialInstruments









•
IFRIC23UncertaintyoverIncomeTaxTreatments,













• 
• 
• 



AssessmentoftheeectoftheapplicationofIFRS16ontheCompany’sstatementofnancialposition

ITEM 2019
Assets
 
Liabilities
 
 
AssessmentoftheeectoftheapplicationofIFRS16ontheCompany’sincomestatementfor2019

ITEM 2019
 
 
Operatingprot(EBIT) 81,110
 
Pre-taxprotorloss -56,220
Reconciliationofitemsintheforecastincomestatementfor2019disclosedinaccordancewithIFRS16
withpreviouslyappliedaccountingpolicies

ITEM IFRS 16 IAS17
  
  
Operatingprot(EBIT) -2,995,217 -3,076,327
 
Pre-taxprotorloss -3,132,547 -3,076,327
NewstandardsandamendmentstoexistingstandardsissuedbytheIASBbutnotyetadopted
bytheEU



•
AmendmentstoIFRS3BusinessCombinations







•
AmendmentstoIFRS10ConsolidatedFinancialStatementsandIAS28InvestmentsinAssociatesand
JointVentures






•
AmendmentstoIAS1PresentationofFinancialStatementsandIAS8AccountingPolicies,Changesin
AccountingEstimatesandErrors


material 
•
AmendmentstoIAS19EmployeeBenets




•
AmendmentstoIAS28InvestmentsinAssociatesandJointVentures–






•
Amendmentstovariousstandards(ImprovementstotheIFRS,2015–2017cycle)








•
RevisionstotheConceptualFrameworkforFinancialReporting
















b)Useofestimatesandjudgements



inter alia











• Assessment of the useful life of amortisable and depreciable assets




• Testing for the impairment of non-nancial assets















• Testing for the impairment of receivables and assets from contracts with customers


• Estimated provisions for post-employment employee benets







• Estimated provisions for lawsuits and contingent liabilities






c)Basisofmeasurement


d)Functionalandreportingcurrency






5.4.3Signicantaccountingpolicies



a)Intangibleassets





Subsequentexpenditure



Amortisation





TYPEOFASSET 2018 2017
  

b)Property,plantandequipment




















Subsequentexpenditure




Depreciation





TYPEOFASSET 2018 2017
  
  
Car park  
  
  
  

c)Assetsundernanceleases












d)Investmentproperty













e)Investmentsinsubsidiaries





Depreciation





TYPEOFASSET 2018 2017
  
  
Car park  
  
  
  

c)Assetsundernanceleases












d)Investmentproperty













e)Investmentsinsubsidiaries





f)Financialassets



















Cashandcashequivalents







Financial assets at amortised cost




• 
• 
•


•





Financialassetsatfairvaluethroughothercomprehensiveincome


• 
• 
•


Impairment of nancial assets


Impairmentoftradereceivablesandloansgranted










IN% 31/12/2018 1/1/2018
  

 7.77 
  
  
  
  
  

IN% 31/12/2018 1/1/2018
  

 1.12 
 1.41 1.21
  
  1.72
  2.12
  

g)Othernon-currentassets


h)Assetsheldforsale




• 
• 
• 


• 






•



•

i)Assetsfromcontractswithcustomers










j)Inventoriesofmaterialandmerchandise











k)Advancesandotherassets

l)Equity









m)Provisions










• 
• 
• 
• 


• 
• 

•


• 








n)Deferredrevenues


o)Financialliabilities
















p)Liabilitiesfromcontractswithcustomers




q)Otherliabilities


r)Contingentassetsandliabilities







s)Revenuesfromcontractswithcustomers















t)Financeincomeandcosts
Finance income 

Finance costs 


u)Corporateincometax

















v)Determinationoffairvalue






Level1–

Level2–

Level3–



•


• 











w)Cashowstatement



