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Investor Presentaiton

nuuday Management review Financial statements Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Parent company Statements 2.6 Special items (continued) AA Critical accounting judgements § In the income statement, special items are presented as a separate item. Special items include income or costs that in Management's judgement shall be disclosed separately by virtue of their size, nature or incidence. In determining whether an event or transaction is spe- cial, Management considers quantitative as well as qualitative factors such as the frequency or predictability of occur- rence of the transaction or event, including whether the event or transac- tion is recurring. This is consistent with the way that financial performance is measured by Management and reported to the Board of Directors, and assists in providing a meaningful analysis of the operating results of Nuuday. Accounting policies Special items are significant amounts that Management considers are not attributable to normal operations such as restructuring costs and special write- downs for impairment of intangible assets and property, plant and equip- ment. Special items also include gains and losses related to divestment of enterprises, as well as transaction costs and adjustments of purchase prices relating to the acquisition of enterprises. Special items consist of both recurring and non-recurring items. Special items are disclosed on the face of the income statement. Items of a simi- lar nature in joint ventures and associ- ates are recognised in profit from joint ventures and associates. Nuuday Annual Report 2022 50
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