SUMMARISED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS l NOTE 11

11. ACCOUNTING POLICIES

The group adopted the following new and amended Standards and new Interpretations during the current year:

– IFRS 10 Consolidated Financial Statements (May 2011)
– IFRS 11 Joint Arrangements (May 2011)
– IFRS 12 Disclosure of Interest in Other Entities (May 2011)
– IAS 27 Separate Financial Statements (May 2011)
– IAS 28 Investments in Associates and Joint Ventures (May 2011)
– Consolidated Financial Statements, Joint Arrangements and Disclosure of Interest in Other Entities: Transition Guidance (Amendments to IFRS 10, IFRS 11 and IFRS 12) (June 2012)
– IFRS 13 Fair Value Measurement (May 2011)
– IAS 19 Employee Benefits (June 2011)
– IFRS 7 Disclosures – Offsetting Financial Assets and Financial Liabilities
– IFRS 1 Government Loans (March 2012)
– Annual improvements to IFRS 2009 – 2011 cycle (May 2012)
– Annual improvements to IFRS 2011 – 2013 cycle (Dec 2013)
– Annual improvements to IFRS 2010 – 2012 cycle (Dec 2013)

SUMMARISED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS l NOTE 11