Board of directors’ report and consolidated financial statements (IFRS)

IFRS financial statement cover

The Sitowise Group publishes its first IFRS-compliant consolidated financial statements for the financial year that ended 31 December 2019, including comparison data for the financial year ended 31 December 2018 and opening balance sheet of 1 January 2018. Impairment testing has also been performed for the dates 31 December 2017, 31 December 2018 and 31 December 2019.
Previously, the Sitowise Group followed the Finnish Accounting Standards (FAS).

With regard to the financial year ended 31 December 2019, the FAS financial statements are the official financial statements of the Sitowise Group.