Kesko Oyj: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Kesko Oyj Adopts Revised IAS 19 Employee Benefits Standard
Kesko Oyj announced that it adopted the revised IAS 19 Employee benefits standard. The amendment has an impact on the Kesko Group's pension costs and profit, as well as the pension assets and equity on the balance sheet. Resulting from the amendment, the Kesko Group's consolidated income statement, consolidated statement of financial position and segment information for 2012 have been updated in compliance with the requirements prescribed in the revised standard.
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