7 General and administrative expenses

As a result of the introduction of IFRS 16 “Leasing” from 1 January 2019, only the expenses from short-term or low value leases are recognised as general and administrative expenses. The provisions according to IAS 17 “Leasing” apply for 2018. On account of the decision to adopt the modified retrospective approach, the comparison year was not restated. Consequently, general and administrative expenses in the previous year contain all expenses classified as expenses from operating leases.

See note 28 for details.