Operating costs of Italian fashion Group AEFFE 2017-2019

The statistic presents the operating costs of Italian fashion Group AEFFE from 2017 to 2019. According to the financial statement released by the Group, operating costs increased from 280 million euros in 2017 to over 308 million euros in 2019.

Operating costs of Italian fashion Group AEFFE from 2017 to 2019 (in 1,000 euros)

Characteristic	Operating costs in thousand euros
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Release date

April 2020

More information

Region

Italy

Survey time period

2017 to 2019

Supplementary notes

2019 data with the application of IFRS.
The source adds the following information: "IFRS 16 "Leasing": On 13 January 2016 the IASB (International Accounting Standard Board) published the accounting standard IFRS 16 Leasing, which replaces IAS 17; this document was adopted by the European Union on 9 November 2017. IFRS 16 defines the principles for the recognition, measurement, presentation and reporting of leases (contracts that give the right to use third party assets ) and requires tenants to account for all leasing contracts in accordance with the method envisaged for financial leases by the old accounting standard IAS 17, effectively eliminating the previous dichotomy between operating and financial leases."

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