IFRS model consolidated financial statements 2025

This year, we are once again providing you with our IFRS model consolidated financial statements (MCA) 2025.

The IFRS model consolidated financial statements 2025 represent the financial statements of a fictitious, globally active industrial group that does not operate in the financial services or insurance sector. The financial statements take into account all requirements of the IFRS® Accounting Standards for financial years beginning on or after 1 January 2025. In addition, MKA 2025 provides information on possible presentation options, discusses questions of interpretation and shows practical examples of currently applicable disclosure requirements.

Investors, regulators and other users of financial statements rely on financial statements to provide decision-useful information, especially in times of macroeconomic uncertainty. They want to understand how a company is affected by geopolitical developments, climate-related aspects or volatile market conditions, how it is responding to the challenges and what judgements, estimates and assumptions have been made.

According to user needs, financial statements must reflect the entity's specific circumstances, take into account any effects on the recognition and measurement of its assets and liabilities, income and expenses and provide relevant disclosures in the notes.

When reporting on aspects that can cause fluctuations in the company's performance - such as climate-related opportunities and risks or other uncertainties - connectivity to other parts of the company's reporting (management report, sustainability reporting) is particularly important. To avoid critical enquiries from users of financial statements, a company must ensure that the insights provided in different places are consistent with each other.

The sample consolidated financial statements take into account the new and amended standards that are to be applied for financial years beginning on or after 1 January 2025. The focus includes:

• Supplier Financing Arrangements (Amendments to IAS 7 and IFRS 7):

The relief applicable in 2024 to omit comparative information and certain quantitative disclosures at the beginning of the reporting period is no longer available. Companies must now present comparative information and all required disclosures in full.

• Pillar 2 minimum taxation:

The new rules are complex and it is not easy to determine whether a company is affected. It is crucial that the financial statements properly reflect the effects of the taxation of additions and provide information that is appropriate for the target group.

Use the MKA 2025 as a compact aid for the preparation of your consolidated financial statements.