TMF Group

32. Contingencies

TMF Group has claims & litigation arising from the normal course of business. The material outflow of resources in respect of these claims & litigation is not probable and therefore no provision has been recorded other than set out in note 28. Read more about 32. Contingencies .

33. Related parties

TMF Group Holding B.V. (“TMF Group”) is the parent company of our operational entities. Read more about 33. Related parties .

34. Independent auditor’s fee

The remuneration of the auditor Ernst & Young Accountants LLP (“EY NL”) and remuneration of other EY network firms can be specified as follows: Read more about 34. Independent auditor’s fee .

35. Subsequent events

TMF Group signed agreement with Proven - Kingdom of Saudi Arabia to acquire 100% of the shares which became effective in January 2024. The acquisitions are driving our strategic and operational performance. Read more about 35. Subsequent events .

36. TMF Group entities

The entities of TMF Group by country of incorporation as at 31 December 2023, as consolidated in these financial statements are included below. All entities have a balance sheet date of 31 December. Read more about 36. TMF Group entities .

37. Regulatory table

The services rendered by TMF local offices in various jurisdictions are regulated and subject to supervision (or self-regulation). Read more about 37. Regulatory table .

4. Financial risk management

TMF Group's operating activities expose it to a variety of financial risks, such as market risks (including foreign currency exchange risk and interest rate risk), credit risk and liquidity risk. Read more about 4. Financial risk management .

5. Revenue

TMF Group provides services in 4 types of categories: Read more about 5. Revenue .

6. Employee benefit expenses

TMF Group has elected to analyse the expenses recognised in profit and loss based on nature within the Group. Expenses incurred are recognised in the profit or loss on a systematic basis in periods to which the benefits received relate to. Read more about 6. Employee benefit expenses .

7. Office expenses

The office expenses can be specified as follows: Read more about 7. Office expenses .

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