RECENT ACCOUNTING PRONOUNCEMENTS
|12 Months Ended|
Dec. 31, 2021
|RECENT ACCOUNTING PRONOUNCEMENTS|
|RECENT ACCOUNTING PRONOUNCEMENTS||
NOTE 3 — RECENT ACCOUNTING PRONOUNCEMENTS
Recently Adopted Accounting Standards
Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 Interest Rate Benchmark Reform – Phase 2 effective for periods beginning January 1, 2021 did not materially impact the Company’s consolidated financial statements.
Recent Accounting Standards Not Yet Adopted
The Company expects that the adoption of the standards above will have no material impact on the consolidated financial statements in the year of initial application.
The disclosure of the known or reasonably estimable information relevant to assessing the possible impact that the application of a new IFRS, that has been issued but is not yet effective, will have.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef