TMF Group

Sustainability reporting

At TMF Group, sustainability is deeply embedded in our purpose, values, and operations. Read more about Sustainability reporting .

TMF Group Limited was incorporated in Jersey, the Channel Islands, on 9 June 2022, and the first UK establishment opened on 25 February 2025 under the legal name of Tucano Holdings Jersey Limited. Read more about 1. General information .

10. Net finance costs

Finance income is recognised using the effective interest method for debt instruments measured subsequently at amortised cost. Read more about 10. Net finance costs .

11. Other loss

Other loss includes the correction of an immaterial prior‑period errors, that are not material, either individually or in aggregate, to the consolidated financial statements. Read more about 11. Other loss .

12. Income tax (expense)/benefit

The current income tax expense is calculated on the basis of the tax laws enacted or substantively enacted at the balance sheet date in the countries where TMF Group operates and generates taxable income. Read more about 12. Income tax (expense)/benefit .

13. Deferred tax assets and liabilities

Deferred tax is provided in full, using the liability method, on the temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the consolidated financial statements. Read more about 13. Deferred tax assets and liabilities .

14. Non-controlling interest

The total non-controlling interest for 2025 is €14.4 million (2024: €14.2 million). Since non-controlling interest is considered not material for TMF Group, no further summarised financial information is disclosed. Read more about 14. Non-controlling interest .

15. Business combinations

Alongside TMF Group's strategies for organic growth, it is TMF Group's intention, where appropriate, to continue to make acquisitions that provide additional scale to the business, enhance a specific service offering, assist in consolidating Read more about 15. Business combinations .

16. Intangible assets

Goodwill arises on the acquisition of subsidiaries and represents the excess of the consideration transferred, the amount of non-controlling interest in the acquiree and the acquisition-date fair value of any previous equity interest in the acquiree Read more about 16. Intangible assets .

17. Property, plant and equipment

We measure property, plant and equipment at cost less accumulated depreciation and impairment losses. Cost includes expenditures that are directly attributable to the acquisition of the asset. Read more about 17. Property, plant and equipment .

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