Company: ARBK
Filing Date: 2025-04-22
Form Type: 20-F/A
Source: 0001104659-25-037403
Chunk: 47

Company: Argo Blockchain Plc
Filing Date: 2025-04-22
Form: 20-F/A
Chunk 47
---
 an optimal capital structure.

5.ADOPTION OF NEW AND REVISED STANDARDS AND INTERPRETATIONS

The Group has adopted all recognition, measurement and disclosure requirements of IFRS, including any new and revised standards and Interpretations of IFRS, in effect for annual periods commencing on or after 1 January 2023. The adoption of these standards and amendments did not have any material impact on the financial result or position of the Group.

At the date of authorisation of these financial statements, the following Standards and Interpretation, which have not yet been applied in these financial statements, were in issue but not yet effective:

| Standard or Interpretation    |   | Description                                                                         |   | Effective date for annual      
 accounting period beginning on 
 or after                       | ​ |
| IFRS S1                       | ​ | General Requirements for Disclosure of Sustainability-related Financial Information | ​ | 1 January 2024                 | ​ |
| IFRS S2                       | ​ | Climate-related Disclosures                                                         | ​ | 1 January 2024                 | ​ |
| IAS 1 (Amendments)            | ​ | Classification of Liabilities as Current and Non-current                            | ​ | 1 January 2024                 | ​ |
| IAS 1 (Amendments)            | ​ | Presentation of Non-current Liabilities with Covenants                              | ​ | 1 January 2024                 | ​ |
| IAS 7 and IFRS 7 (Amendments) | ​ | Disclosure on Supplier Finance Arrangements                                         | ​ | January 2024                   | ​ |

The Group has not early adopted any of the above standards and intends to adopt them when they become effective.

6.KEY JUDGEMENTS AND ESTIMATES In the application of the Group’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are outlined