Dec 05, 2019 / 09:00AM GMT
Presentation
Dec 05, 2019 / 09:00AM GMT
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Corporate Participants
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* Reeza Isaacs
Woolworths Holdings Limited - Group Finance Director & Executive Director
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Reeza Isaacs - Woolworths Holdings Limited - Group Finance Director & Executive Director
Okay. Good morning, everyone, and thank you for attending the session today. The purpose of the presentation is to take you through how we have gone about the adoption and implementation of IFRS 16 for the WHL Group and the implications of this for our financial reporting.
As I'm sure you're well aware, IFRS 16 will change the way in which we account for leases, which will have a significant impact in the way in which we present our balance sheet and income statement and will require a recalibration of some key metrics, which I will also cover later on in this presentation. So it's important to bear in mind that while the underlying fundamentals of our business have not changed as a result of the new accounting standard, and it should
Woolworths Holdings Ltd Corporate Presentation Transcript
Dec 05, 2019
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