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
- September 15, 2022 07:45 CEST Scandic to open new hotel in Ski outside of Oslo
- September 1, 2022 09:00 CEST Scandic opens large new hotel in historic printing house in Helsinki
- August 31, 2022 17:30 CEST Change in the number of shares and votes in Scandic
- August 18, 2022 13:00 CEST Conversion of Scandic’s convertible bonds in an aggregated nominal amount of SEK 2 million to shares