Following the acquisition of
Changes in accounting principles for film and program rights and Liiga restatement
The accounting for
Under previous accounting principles the Liiga program right asset and related liability for all seasons were recognized in the balance sheet when the license period began. The amortization was classified outside EBITDA and the cash flow was classified as cash CAPEX within investing activities. Film and program right assets and related liabilities are now included in the balance sheet when the license period begins, and the film or program is available for its first showing/broadcasting. Amortization of film and program rights is classified as operating expenses within EBITDA and cash flows are classified within operating activities.
Adjustment regarding accounting of handset swap offering in
The accounting for the Norwegian handset lease contracts, which include a right for the
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Forward-Looking Statements
Statements made in the press release relating to future status or circumstances, including future performance and other trend projections are forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of
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https://news.cision.com/telia-company/r/changes-in-accounting-principles-and-restatements-of-historical-financials,c3014380
https://mb.cision.com/Main/40/3014380/1177955.pdf
https://mb.cision.com/Public/40/3014380/bc460be75e91f60f.xlsx
https://news.cision.com/telia-company/i/tabell,c2738702
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