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31

LISI 2015 FINANCIAL REPORT

CONSOLIDATED

FINANCIAL STATEMENTS

1 / FINANCIAL STATEMENTS 32 1.1 / INCOME STATEMENT 32 1.2 / STATEMENT OF FINANCIAL POSITION 34 1.3 / STATEMENT OF CASH FLOWS 35 1.4 / STATEMENT OF SHAREHOLDERS' EQUITY 36 2 / NOTES 37 2.1 / GROUP ACTIVITY AND HIGHLIGHTS OF THE YEAR 37 2.2 / ACCOUNTING RULES AND METHODS 37 2.3 / IMPACT OF FIRST APPLICATION OF IFRIC 21 "LEVIES" 45 2.4 / SCOPE OF CONSOLIDATION 48 2.5 / FINANCIAL RISK MANAGEMENT 49 2.6 / DETAIL OF BALANCE SHEET ITEMS 53 2.7 / DETAIL OF MAIN INCOME STATEMENT ITEMS 66 2.8 / ADDITIONAL INFORMATION 70 2.9 / CURRENCY EXCHANGE RATES APPLIED BY FOREIGN SUBSIDIARIES 74 2.10 / POST YEAR-END EVENTS: INFORMATION ON TRENDS 74