DNO’s financial accounts are with effect from 1 January 2005 prepared in accordance with International Financial Reporting Standards (IFRS).
Descriptions of changes in accounting principles and required reconciliation tables are presented in the updated version of DNO's IFRS Transition Report published on 11 May 2005.
DNO has implemented IAS 39 and IAS 32. The impact on equity from implementing IAS 39 and IAS 32 is described in the IFRS Transition Report.