XML 29 R8.htm IDEA: XBRL DOCUMENT

Application of new and revised International Financial Reporting Standards, International Accounting Standards, International Financial Reporting Interpretations Committee Interpretations and Standing Interpretations Committee Interpretations issued by the International Accounting Standards Board

12 Months Ended

Dec. 31, 2023

Disclosure of initial application of standards or interpretations [abstract]

Application of new and revised International Financial Reporting Standards ("IFRS"), International Accounting Standards ("IAS"), International Financial Reporting Interpretations Committee ("IFRIC") Interpretations and Standing Interpretations Committee ("SIC") Interpretations issued by the International Accounting Standards Board ("IASB"), (collectively, "IFRSs")

Application of new and revised IFRS® Accounting Standards, International Accounting Standards (“IAS”), International Financial Reporting Interpretations Committee (“IFRIC®”) Interpretations and Standing Interpretations Committee (“SIC®”) Interpretations issued by the International Accounting Standards Board (“IASB”), (collectively, “IFRSs”)

Amendments to IFRSs and the new interpretation that are mandatorily effective for the current year


New Standards, Interpretations and Amendments		Effective date issued by IASB
Amendments to IAS 1, “Disclosure of Accounting Policies”		January 1, 2023
Amendments to IAS 8, “Definition of Accounting Estimates”		January 1, 2023
Amendments to IAS 12, “Deferred Tax related to Assets and Liabilities arising from a Single Transaction”		January 1, 2023
Amendments to IAS 12, “International Tax Reform–Pillar Two Model Rules”		May 23, 2023
IFRS 17, “Insurance Contracts”		January 1, 2023
Amendments to IFRS 17, “Insurance Contracts”		January 1, 2023
Amendment to IFRS 17, “Initial Application of IFRS 17 and IFRS 9 – Comparative Information”		January 1, 2023

Based on the Group’s assessment, the above standards and interpretations have no significant impact on the Group’s financial position and financial performance.

New standards, interpretations and amendments in issue but not yet effective


New Standards, Interpretations and Amendments		Effective date issued by IASB
Amendments to IFRS 16, “Lease Liability in a Sale and Leaseback”		January 1, 2024
Amendments to IAS 1, “Classification of Liabilities as Current or Non-current”		January 1, 2024
Amendments to IAS 1, “Non-current Liabilities with Covenants”		January 1, 2024
Amendments to IAS 7 and IFRS 7, “Supplier Finance Arrangements”		January 1, 2024
Amendments to IFRS 10 and IAS 28, “Sale or Contribution of Assets between an Investor and its Associate or Joint Venture”		To be determined by IASB
Amendments to IAS 21, “Lack of Exchangeability”		January 1, 2025

Based on the Group’s assessment, the above standards and interpretations have no significant impact on the Group’s financial position and financial performance.