During the financial year, the accounting treatment of performance obligations under transfer agreements or in connection with consulting fees or agents’ commissions, and other expenses incurred in connection with the extension of a contract or the signing of professional squad players which are subject to conditions precedent was restated retrospectively in accordance with IAS 8.42. Previously, such obligations had been recognised as a liability on the date on which the respective conditions precedent were met. Henceforth, contractual obligations of this nature which are subject to conditions precedent are recognised as liabilities in accordance with IFRS 9 in conjunction with IAS 32.19 when Borussia Dortmund becomes a party to the financial instrument and is no longer able to unconditionally withdraw from a payment obligation.
Henceforth, contractual obligations of this nature which are subject to conditions precedent are recognised as liabilities in accordance with IFRS 9 in conjunction with IAS 32.19 when Borussia Dortmund becomes a party to the financial instrument and is no longer able to unconditionally withdraw from a payment obligation.
The retrospective change increased the prior-year consolidated net profit/loss by EUR 3,171 thousand.
The changes are presented in the table below:
EUR '000 |
|
Amount previously reported |
|
Adjustment |
|
Amount |
|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
Consolidated statement of comprehensive income |
|
|
|
|
|
|
Financial year 2021/2022 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net transfer income |
|
61,866 |
|
1,025 |
|
62,891 |
Other operating income |
|
23,540 |
|
2,040 |
|
25,580 |
Depreciation, amortisation and write-downs |
|
-109,942 |
|
106 |
|
-109,836 |
EBIT (result from operating activities) |
|
-29,181 |
|
3,171 |
|
-26,010 |
Result from ordinary activities |
|
-33,368 |
|
3,171 |
|
-30,197 |
Consolidated net profit/loss for the year |
|
-35,059 |
|
3,171 |
|
-31,888 |
Earnings per share (in EUR) (basic/diluted) |
|
-0.33 |
|
0.03 |
|
-0.30 |
|
|
|
|
|
|
|
Statement of financial position |
|
|
|
|
|
|
1 July 2021 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Intangible assets |
|
193,434 |
|
2,786 |
|
196,220 |
Assets held for sale |
|
9,456 |
|
646 |
|
10,102 |
Reserves |
|
140,750 |
|
-10,517 |
|
130,233 |
Trade payables (non-current) |
|
37,250 |
|
4,010 |
|
41,260 |
Trade payables (current) |
|
64,103 |
|
9,939 |
|
74,042 |
|
|
|
|
|
|
|
Statement of financial position |
|
|
|
|
|
|
30 June 2022 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Intangible assets |
|
124,398 |
|
3,440 |
|
127,838 |
Assets held for sale |
|
24,029 |
|
-63 |
|
23,966 |
Reserves |
|
170,218 |
|
-7,346 |
|
162,872 |
Trade payables (non-current) |
|
29,554 |
|
4,060 |
|
33,614 |
Trade payables (current) |
|
68,978 |
|
6,663 |
|
75,641 |