| 2. | Accounting framework and significant judgements | ||||||||||||||||||||||||||||||||||||||||||
| 2.3 | Significant accounting judgements, estimates and assumptions | ||||||||||||||||||||||||||||||||||||||||||
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The preparation of annual financial statements requires the use of judgements, estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the annual financial statements, and the reported amounts of revenue and expenses during the reporting periods. Although these estimates and assumptions are based on management's best knowledge of current events and actions that the Group may undertake in the future, actual results may ultimately differ from those judgements, estimates and assumptions. The Group has performed an evaluation of the possible impact that the U.S. tariffs would have across the Group and determined that they do not have a material impact. The presentation of the results of operations, financial position and cash flows in the annual financial statements of the Group is dependent upon, and sensitive to, the accounting policies, assumptions and estimates that are used as a basis for the preparation of these annual financial statements. Management has made certain judgements in the process of applying the Group's accounting policies. These, together with the key judgements, estimates and assumptions concerning the future, and other key sources of estimation uncertainty at the reporting date are as follows:
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