Integrated Report 2021

Compared to the consolidated financial statements for the year ended 31 December 2020, the Group changed the presentation of:

  • costs resulting from intermediation in the sale of products spread over time using the effective interest rate by transferring from interest expense to interest income on financial instruments measured at amortised cost

12 months ended
(before change)
Change 12 months ended
(after change)
Interest income 3,602,796 (29,456) 3,573,340
Interest expense (542,726) 29,456 (513,270)
Net interest income 3,060,070 3,060,070

The Group considers the presentation changes presented above to better reflect the economic nature of the above items and therefore provide more useful information to the users of the financial statements.

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