The Group applies International Financial Reporting Standards, IFRS, as endorsed by the EU.
The Parent Company applies the Annual Accounts Act and RFR 2 Accounting for legal entities, which means that IFRS is applied with certain exceptions and additions.
From January 1, 2019 IFRS 16 Leases replaced, which means that almost all of the Group's leasing contracts are reported in the balance sheet, as no distinction is made between operational and financial leasing agreements.
Latest press releases
- May 10, 2022 12:40 CEST Bulletin from Scandic’s annual general meeting 2022
- April 28, 2022 11:55 CEST Scandic to open third hotel in Tromsø
- April 27, 2022 07:30 CEST Scandic’s interim report Q1 2022
- April 8, 2022 13:00 CEST Scandic published its annual and sustainability report 2021