Scandic Europa, Gothenburg, SwedenAccounting principles
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
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September 15, 2022 07:45 CEST
Scandic to open new hotel in Ski outside of Oslo
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September 1, 2022 09:00 CEST
Scandic opens large new hotel in historic printing house in Helsinki
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August 31, 2022 17:30 CEST
Change in the number of shares and votes in Scandic
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August 18, 2022 13:00 CEST
Conversion of Scandic’s convertible bonds in an aggregated nominal amount of SEK 2 million to shares
Events
About Scandic
Scandic is the largest Nordic hotel operator with a network of about 280 hotels with 58,000 hotel rooms in operation and under development in six countries. Scandic Friends is the biggest loyalty program in the Nordic hotel sector. Corporate responsibility has always been a part of Scandic’s DNA. Since December 2, 2015, Scandic has been listed on Nasdaq Stockholm. Read more about Scandic.
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