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
- July 16, 2021 07:30 CEST Scandic’s interim report Q2 2021 – Recovery gaining momentum
- July 7, 2021 10:09 CEST Invitation to presentation of Scandic’s interim report for the second quarter 2021
- June 30, 2021 09:00 CEST Scandic rewards conscientious travelers - launches program to engage guests together with the Keep Sweden Tidy Foundation
- June 16, 2021 08:00 CEST Scandic takes Gothenburg to new heights – Scandic Göteborg Central set to open next year