The company adopts International Standards for the first time when reporting its financial statements for the year to 21 July 2021. These financial statements show comparative figures for the previous two years, the date of transition to IFRS is January 1, 2020 O January 1, 2021 O January 1, 2019 O January 1, 2018 0 Adjustments required to move from previous GAAP to IFRSs at the date of transition should be recognized directly in NIE. Comprehensive income o Revenue o Assets Retained earnings O