FINANCIAL REPORT 2016

1. EXTRACT FROMTHE CONSOLIDATED FINANCIAL STATEMENTS ANDNOTES

1.1.

5 6 6 7 8

INCOME STATEMENT

1.2. NET INCOMEANDOTHERCOMPREHENSIVE INCOME

1.3. BALANCE SHEET – ASSETS

1.4. BALANCE SHEET – EQUITYAND LIABILITIES

1.5. STATEMENTOF CHANGES INEQUITY

1.6. STATEMENTOF CASH FLOWS

10

2. EXTRACT FROMTHENOTES TOTHE CONSOLIDATED FINANCIAL STATEMENTS

2.1. APPLICABLE STANDARDS ANDCOMPARABILITY 2.2. PRESENTATIONOF FINANCIAL STATEMENTS 2.3. SIGNIFICANT ACCOUNTINGPOLICIES ANDPRINCIPLES

11

14 14 18

2.4. CONSOLIDATIONPRINCIPLES ANDMETHODS (IFRS 10, IFRS 11, IAS 28) 2.5. FINANCIALMANANGEMENT, EXPOSURE TORISKANDHEDGINGPOLICY

20 25 29 38 39 40

2.6. NOTES TOTHE INCOME STATEMENT 2.7. NOTES TOTHE BALANCE SHEET

2.8. HEADCOUNT AT YEAR-END

2.9. RECLASSIFICATIONOF FINANCIAL INSTRUMENTS

2.10. FAIRVALUEOF FINANCIAL INSTRUMENTS