SEB publishes restated comparative figures for 2022
SEB publishes restated comparative figures for the year 2022 to reflect the implementation of the new standard IFRS 17 Insurance Contracts, which replaces IFRS 4 Insurance Contracts for annual periods on or after 1 January 2023. As the standard requires comparative information for the annual reporting period immediately preceding the date of initial application, the transition date of IFRS 17 is 1 January 2022. On adoption, IFRS 17 changed the measurement of insurance contracts and participating investment contracts. The group will restate comparative information for 2022 in the reports