New standards in effect in 2023
The following amended IFRS standards came into effect on 1 January 2023:
Amendments to IAS 1 Presentation of Financial Statements and IFRS Practice Statement 2: Notes to accounting policies (issued on 12 February 2021), effective as of 1 January 2023.
Amendments to IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors: Notes to accounting policies (issued on 31 March 2021), effective as of 1 January 2023.
Amendments to IAS 12 Income Taxes: Deferred taxation with respect to assets and liabilities resulting from a single transaction (issued on 6 May 2021), effective as of 1 January 2023.
Amendments to IAS 12 Income Taxes: International Tax Reform - Pillar two model rules (issued on 23 May 2023), effective as of 1 January 2023.
Amendments to IFRS17 Insurance Contracts: First application of IRFS 17 and IFRS 9 Comparative Information (issued on 9 December 2021), effective as of 1 January 2023.
IFRS 17 Insurance Contracts (issued on 18 May 2017); including amendments to IFRS 17 (issued on 25 June 2020); effective as of 1 January 2023.
The amendments to IAS 1 have an impact on the notes of the accounting principles in the financial statements of the Enexis Groep, without any consequences for the equity capital or results. With regard to the amendments to IAS 12 regarding International Tax Reform - Pillar two model rules, the impact analysis and conclusions are explained briefly in note 11 Taxes. The other amendments to the standards have no direct consequences for Enexis Groep's equity and results or do not apply to Enexis Groep.
Future standards not yet in force on the reporting date
The following amendments to IFRS standards are not yet effective on the reporting date:
Amendments to IFRS16 Leases: Lease liability in a sale and leaseback (issued on 22 September 2022), effective as of 1 January 2024.
Amendments to IAS 1 Presentation of Financial Statements: classification of liabilities as current or non-current, non-current liabilities with covenants (published on 23 January 2020 and 15 July 2020); into effect as of 1 January 20243.
Amendments to IAS 7 Cash flow statement and IFRS 7 Financial instruments: disclosures: supplier finance arrangements (issued 25 May 2023), effective as of 1 January 2024.
Amendments to IAS 21 The Effects of Changes in Foreign Exchange Rates, lack of exchangeability (issued on 15 August 2023), effective as of 1 January 2025.
The amendments to standards after 2023 are not expected to have a direct impact on the equity and result of or are not applicable to Enexis Groep.