Subsequent events

From January 1, 2018 to the date this report was drafted, no other events have occurred that significantly affect the Group’s earnings or its equity position, and that are not mentioned in the notes to consolidated financial statements.

Transition to IFRS 9

Under Commission Regulation (EU) No. 2016/2067 of November 22, 2016, all companies governed by the law of a Member State of the European Union, and whose securities are traded on a regulated market in one of the countries in the EU, must apply IFRS 9 as from the commencement date of their first financial year starting on or after January 1, 2018. The Group is therefore obliged to adopt IFRS 9 after January 1, 2018 (see Note 2.3 of the Group's Consolidated Annual Report).