New and amended IFRSs not applied
In its 2025 consolidated financial statements, Volkswagen AG did not apply the following accounting pronouncements that have been adopted by the IASB until December 31, 2025, but were not yet required to be applied for the fiscal year.
Standard/Interpretation |
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Published by the IASB |
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Application mandatory1 |
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Adopted by the EU |
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Expected impact |
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IFRS 9/ |
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Classification and Measurement of Financial Instruments |
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May 30, 2024 |
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Jan. 1, 2026 |
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Yes |
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No material impact |
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IFRS 9/ |
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Contracts Referencing Nature- dependent Electricity |
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Dec. 18, 2024 |
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Jan. 1, 2026 |
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Yes |
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No material impact |
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IFRS 18 |
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Presentation and Disclosure in Financial Statements |
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Apr. 9, 2024 |
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Jan. 1, 2027 |
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Yes |
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No material impact on the core performance indicators in the Volkswagen Group |
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IFRS 19 |
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Subsidiaries without Public Accountability: Disclosures |
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May 9, 2024 |
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Jan. 1, 2027 |
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No |
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No impact |
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IFRS 19 |
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Amendments to IFRS 19 – Subsidiaries without Public Accountability: Disclosures |
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Aug. 21, 2025 |
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Jan. 1, 2027 |
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No |
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No impact |
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IAS 21 |
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Translation into a hyperinflationary currency |
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Nov. 13, 2025 |
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Jan. 1, 2027 |
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No |
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No impact |
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Annual Improvements to IFRS Accounting Standards – Volume 112 |
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Jul. 18, 2024 |
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Jan. 1, 2026 |
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Yes |
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No material impact |
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