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    II Basis of preparation IV New standards and interpretations not applied

    III New standards and interpretations applied

    III New standards and interpretations applied

    The following new International Accounting Standards (‘IAS’) and new IFRSs have been adopted in the current year:

    Change

    Standard

    Effective Date*

    Lack of Exchangeability (Amendments)

    IAS 21

    1 Jan 2025
    * periods commencing on or after

    TSN has adopted the above amendment. In accordance with the transitional provisions, the amendment has been adopted retrospectively to the financial statements. Comparative amounts have not been restated, and there was no impact on the current opening reserves amount on adoption. This amendment had no material impact on the TSN financial statements.