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Page Background 29 LISI 2018 FINANCIAL REPORT

3

CONSOLIDATED

FINANCIAL

STATEMENTS

1 I  FINANCIAL STATEMENTS 30 1.1 I  Income statement 30 1.2 I  Statement of financial position 32 1.3 I  LISI Group consolidated cash flow statement 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 principles and policies 35 2.3 I  Scope of consolidation 42 2.4 I  Financial risk management 45 2.5 I  Detail of balance sheet items 48 2.6 I  Detail of main income statement items 63 2.7 I  Additional information 67 2.8 I  Currency exchange rates applied by foreign subsidiaries 72