Considerations on Consolidated Financial Statements of the Group

The consolidated financial statements concern the financial statement presentation and the results of a set of companies as if they form only one company, composed of different departments, divisions or branches. The recognition of the informative role does not allow its reduction to a simple accessory of the annual accounts of the dominant company. The group of companies, by its consolidated synthesis documents, shall provide accounting information that corresponds, in every respect, to its qualitative characteristics.