Tag Archives: IFRS

SAP® Revenue Accounting and Reporting application simplifies new revenue accounting standards

Walldorf, 14-4-2015 — /EuropaWire/ — Virtually every company tracks and reports revenue, and it is rarely an easy process. In May 2014, new revenue accounting standards were set by the International Accounting Standards Board (IASB) and Financial Accounting Standards Board … Read the full press release

CEPSA reported clean CCS net income of €199.9 million in H1-2013, down 20% YoY

Madrid, 06-8-2013 — /EuropaWire/ — Domestic Business Activities and a Drop in Crude Oil Sales Hinder the Group’s Earnings. Earnings from international business operations account for 63% of the Group’s Net Income Weak consumer demand, tight marketing margins and a challenging environment … Read the full press release

ArcelorMittal released its HY 2013 report, recasts its 2012 annual report on Form 20-F

Luxembourg, 05-8-2013 — /EuropaWire/ — ArcelorMittal has published today its Half-Year Report for the six month period ended 30 June, 2013 (“HY Report”). As a result of the adoption and early adoption of new IFRS accounting standards as of 1 January … Read the full press release

Hellenic Telecommunications Organization SA 2013 1Q Results Under IFRS

Net income at €167.5mn, up 5% excl. capital gains Adjusted Net operating cash flow up 7% to €261mn –       Further reduction in net debt, at 1.7x trailing 12M EBITDA EBITDA margin stable at 35.4% Total operating expenses excl. D&A and … Read the full press release