LISI 2016 FINANCIAL REPORT
29
1
I
FINANCIAL STATEMENTS
30
1.1
I
Income statement
30
1.2
I
Statement of financial position
32
1.3
I
Statement of cash flows
33
1.4
I
Statement of shareholders’ equity
34
2
I
NOTES
35
2.1
I
Group activity and highlights of the year
35
2.2
I
Accounting rules and methods
35
2.3
I
Scope of consolidation
42
2.4
I
Financial risk management
44
2.5
I
Detail of the balance sheet items
48
2.6
I
Detail of main income statement items
61
2.7
I
Additional information
65
2.8
I
Currency exchange rates applied
by foreign subsidiaries
70
2.9
I
Post year end events: information on trends
70
3
CONSOLIDATED FINANCIAL
STATEMENTS