New standards and interpretations which became effective on January 1, 2016

  • Amendments to IAS 19 Employee benefits;
  • Changes resulting from annual improvements of IFRS 2010-2012;
  • Amendments to IFRS 11 Settlement of acquisition of an interest in a joint operation;
  • Amendments to IAS 16 and IAS 38 Explanation of allowed depreciation methods;
  • Amendments to IAS 16 and IAS 41 Agriculture: bearer plants;
  • Amendments to IAS 27 Equity method in separate financial statements;
  • Changes resulting from annual improvements of IFRS 2012-2014;
  • Amendments to IAS 1 Disclosures;
  • Amendments to IFRS 10, IFRS 12 and IAS 28 Clarification of the provisions on recognition of investment units in the consolidation.
  • The above amendments had no influence on the applied accounting policy and did not require amendments to the financial statements.