Enersense changes the accounting of wind power projects and publishes comparison figures for 2022
Enersense International PlcStock exchange release, 27 July 2023 at 2:00 p.m.Enersense changes the accounting of wind power projects from the beginning of 2023 so that realised sales gains from completed wind power projects are recognised in revenue in the income statement, whereas they were previously included in other operating income. In addition, distribution of funds to minority shareholders which is based on a shareholder agreement are recognised in financial expenses in the income statement, while they were previously treated as decreases in equity. These changes are related to