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Changes to significant accounting policies

12 Months Ended

Dec. 31, 2021

Changes to significant accounting policies

Changes to significant accounting policies

3	Changes to significant accounting policies

A number of new standards, amendments and interpretations were effective for the the period covered by these consolidated financial statements, none of which had a material impact. Below are presented the new and not yet effective standards:

New and not yet effective accounting standards

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Amendments to IFRS 16 - Lease concessions related to Covid-19- Amendments to IAS 1 and IFRS 2 Practice statement - Disclosure of accounting policies

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Amendments to IAS 8 - Definition of accounting estimates

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New issue: IAS 32 - Financial instruments: Presentation

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Accounting for subscription warrants initially classified as liabilities

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Proposed amendments to IAS 21 - Lack of interchangeability

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Amendments to IAS 12 - Deferred Tax Related to Assets and Liabilities arising from a single transaction

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IFRS 17 Insurance Contracts - IFRS 17 will be effective for annual reporting periods beginning on or after January 1, 2023.

The new and revised pronouncements, when adopted, will not have a material impact on the consolidated financial statements.