Correction: Hoist Finance presents impact of changes in accounting principles and introduces new segment reporting
Correction: Telephone conference will take place on May 2. In the year-end report 2017 Hoist Finance announced that the company had analysed the effects of the new accounting principles IFRS 9 and IFRS 15, which became effective on 1 January 2018. In summary, the new principles do not have any material impact on the Group's financial position and capital adequacy. As part of the company's adaptation to the new accounting principle IFRS 9, Hoist Finance income statement will be adjusted to report interest income in accordance with the effective interest method. As an effect of the