Notes I.
General information on the Company WDP is a publicly regulated property company and has the form of an NV/SA. Its registered office is at Blakebergen 15, 1861 Wolvertem (Belgium). The telephone number is +32 (0)52 338 400. The condensed interim financial statements of the Company as at 30 June 2020 include the company and its subsidiaries. WDP is listed on Euronext Brussels and Amsterdam.
II.
Basis of presentation The condensed interim financial statements are drawn up in accordance with the International Financial Reporting Standards (IFRS) as adopted by the European Union and with the legal and regulatory requirements applicable in Belgium. These standards include all new and revised standards and interpretations issued by the International Accounting Standards Board (IASB) and the International Financial Reporting Interpretations Committee (IFRIC) that are applicable to the Group's activities and are effective for annual periods beginning on or after 1 January 2020.
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The condensed interim financial statements are presented in thousands of euros, rounded to the nearest thousand. The 2019 and 2020 financial years are presented here. For the historical financial information for the 2018 financial year, please refer to the annual reports for 2019 and 2018. Accounting methods were consistently applied for the financial years presented. Standards and interpretations applicable for the annual period beginning on or after 1 January 2020 • Amendments to IAS 1 and IAS 8 Definition of Material • Amendments to IFRS 3 Business Combinations: Definition of a Business • Amendments to IFRS 9, IAS 39 and IFRS 7 Interest Rate Benchmark Reform • Amendments to references to the Conceptual Framework in IFRS standards Standards and interpretations published, but not yet applicable • IFRS 17 Insurance Contracts (applicable for annual periods beginning on or after 1 January 2023, but not yet endorsed in the EU) • Amendments to IAS 1 Presentation of Financial Statements: Classification of Liabilities as Current or Non-current (applicable for annual periods beginning on or after 1 January 2023, but not yet endorsed in the EU)
Press release – 31 July 2020
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