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, 2021 13:00 CEST Scandic published its annual and sustainability report 2020
- May 4, 2021 10:00 CEST Scandic’s CEO Jens Mathiesen acquires stock options from Stena Sessan and Formica
- April 28, 2021 16:05 CEST Scandic’s Nomination Committee proposes Therese Cedercreutz as new Board member
- April 28, 2021 16:00 CEST Notice to annual general meeting in Scandic Hotels Group AB (publ)