1 PRINCIPLES AND METHODS APPLICABLE WITHIN THE GROUP, AND JUDGEMENTS AND ESTIMATES USED 1.1 APPLICABLE STANDARDS AND COMPARABILITY Unless otherwise stated, all amounts in this financial report are expressed in euros and shown in thousands, without decimals. Rounding to the nearest thousand euros may, in some cases, result in insignificant differences in the totals and subtotals shown in the tables. Pursuant to EC Regulation no. 1606/2002, the consolidated financial statements have been Note that when early application of the accounting standards and interpretations adopted by the European Union is optional for a period, unless specifically stated, the Group has not taken that option. Standards and interpretations not yet adopted by the European Union at 31 December 2024 The standards and interpretations published by the IASB as of 31 December 2024 but not yet adopted by the European Union are not applicable for the Group. They will become mandatory only from the date stipulated by the European Union and have therefore not been applied by the Group as at 31 December 2024. prepared in accordance with IAS/IFRS standards and IFRIC interpretations applicable as at 31 December 2024 and as adopted by the European Union (carveout version), thus using certain exceptions in the application of IAS 39 on macro-hedge accounting. These standards and interpretations are available on the European Commission website at the following address: https://ec.europa.eu/info/businesseconomy-euro/company-reporting-and-auditing/ company-reporting/financial-reporting_en The standards and interpretations are identical to those used and described in the Group’s financial statements as at 31 December 2023. They have been supplemented by the IFRS standards adopted by the European Union as of 31 December 2024, which must be applied for the first time for the 2024 financial year. These cover: IFRS 18 - Presentation and Disclosure in Financial Statements IFRS 18, "Presentation and Disclosure in Financial Statements", published in April 2024, will replace IAS 1, "Presentation of Financial Statements", and will apply to financial years beginning on or after 1 January 2027, subject to adoption by the European Union. IFRS 18 will require a new income statement structure and mandatory subtotals, with income and expenses classified in 3 categories: "operating", “investing” and “financing” in the income statement. IFRS 18 will also require a description in the notes of the performance measures defined by Management and used in public communication outside the IFRS financial statements. Work is underway to analyse and prepare for implementation within the Group. Standards, Amendments or Interpretations First-time application date: financial years starting from: Potential material effect for the Group IAS 1 Amendment - Presentation of Financial Statements Classification of current and non-current liabilities 1 January 2024 No IFRS 16 Amendment - Leases Rental debt in a sale and leaseback transaction 1 January 2024 No IAS 1 Amendment - Presentation of Financial Statements Non-current debt with covenants 1 January 2024 No IAS 7 / IFRS 7 amendment - Factoring transactions 1 January 2024 No Notes to the consolidated financial statements CFM Indosuez Wealth Management 66
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