Accounting principles for the Consolidated Accounts

Basic information

Basis of preparation

Use of estimates

Principles of consolidation

Measurement of fair value of assets acquired in business combinations

Joint ventures

Foreign subsidiaries

Transactions in foreign currencies

Net sales and revenue recognition

Research and development costs

Pension plans

Share-based payments

Goodwill and other intangible assets

Property, plants and equipment and depreciation

Borrowing costs

Investment properties

Leases

Inventories

Financial assets and financial liabilities

Impairments

Provisions

Income taxes

Dividends

Adoption of new and updated IFRS standards