Accounting Principles

Scanfil plc is a Finland-based public limited company domiciled in Sievi. The parent company Scanfil plc and subgroups Scanfil EMS Oy and PartnerTech Ab make up the Scanfil Group (hereinafter 'Scanfil' or 'the Group'). The shares of the parent company Scanfil plc have been quoted on the Main List of the NASDAQ  Helsinki since 2 January 2012.

Scanfil’s consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS), applying the IAS and IFRS standards effective on 31 December 2016 as well as the SIC and IFRIC interpretations. “IFRS” refers to the standards and their interpretations in the Finnish Accounting Act and the provisions issued thereunder in accordance with the Regulation (EC) No 1606/2002 of the European Parliament and of the Council on the application of international accounting standards within the Community. The notes to the consolidated financial statements are also in compliance with Finnish accounting and corporate legislation. 

The financial statements are presented in thousands of euros, and the information is based on historical costs unless otherwise stated in the accounting principles.
Individual figures and totals shown in the financial statements have been rounded to the nearest thousand euros, which is why individual figures do not always add up to the totals.
 

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