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Kesko Oyj Adopts Revised IAS 19 Employee Benefits Standard


Thursday, 11 Apr 2013 05:00am EDT 

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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34.76
-0.65 -1.84%
11:29am EST