IFRS

Following the European Commission's IAS ruling that obliges listed European companies to draw up their consolidated accounts in compliance with the International Accounting Standards (IAS), now known as the International Financial Reporting Standards (IFRS), Tessenderlo Group has opted to apply the IFRS as from 1 January 2005.

In the 'Related Documents' on the right hand side of this page you can consult:

• a note explaining the transition from Belgian GAAP to the IFRS accounting rules;

• the accounting policies of Tessenderlo Group;