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