1.5 Foreign currency
1.5.1 Currency transactions and translation
Transactions in foreign currencies are translated into euros at the average monthly exchange rate for the month in which the transaction took place. Monetary assets and liabilities in foreign currencies on the balance sheet date are translated into euros at the exchange rate applicable on the balance sheet date. Currency translation differences are recognised in the statement of profit or loss.
1.5.2 Financial statements from participating interests abroad
Assets and liabilities from foreign activities are translated into euros at the exchange rates applicable on the balance sheet date. Income from and costs of foreign activities are translated into euros at exchange rates approaching the exchange rates which applied on the date of the transaction. Currency translation differences are recognised directly through the consolidated statement of comprehensive income” and are presented as a separate component of equity.
|
Exchange rates |
||||||
|
Currency |
€1 is converted at |
2025 |
2024 |
|||
|
USD |
Closing price |
1.17 |
1.04 |
|||
|
Average |
1.13 |
1.08 |
||||
|
INR |
Closing price |
105.36 |
89.08 |
|||
|
Average |
98.43 |
90.45 |
||||
|
BRL |
Closing price |
6.44 |
6.43 |
|||
|
Average |
6.28 |
5.83 |
||||
|
PLN |
Closing price |
4.22 |
4.27 |
|||
|
Average |
4.24 |
4.31 |
The management report as referred to in Part 9 of Book 2 of the Dutch Civil Code monitors the elements from the foreword to the historical summary inclusive. This version of the annual financial reporting of Hydratec Industries N.V. for the financial year ending on 31 December 2025 is not presented in the ESEF format as specified in the regulatory technical standards for ESEF (Delegated Regulation (EU) 2019/815). The set of ESEF reports can be downloaded at the download page.