DES GB2012 E

Reporting principles In 2012, the IASB issued standards and interpretations of and amendments to existing standards which it was not yet compulsory to apply in the consolidated financial statements for this period. ¤ IAS 1 Presentation of Financial Statements: changes to Presentation of Items of Other Comprehensive Income (since 1 July 2012) ¤ IAS 19 Employee Benefits: accounting treatment of defined benefit plans and post-employment benefits (as of 1 January 2013) ¤ IFRS 10 Consolidated Financial Statements (as of 1 January 2014) ¤ IFRS 11 Joint Arrangements (as of 1 January 2014) ¤ IFRS 12 Disclosures of Interests in Other Entities (as of 1 January 2014) ¤ IFRS 13 Fair Value Measurement (as of 1 January 2013) ¤ IAS 27 Separate Financial Statements (as of 1 January 2014) ¤ IAS 28 Investments in Associates and Joint Ventures (as of 1 January 2014) ¤ IAS 12 Deferred Tax: Recovery of Underlying Assets (start of the first financial year on or following the ordinance’s entry into effect) ¤ Amendments to IFRS 1 Severe Hyperinflation and Removal of Fixed Dates for First-time Adopters (start of the first financial year on or following the ordinance’s entry into effect) ¤ Amendments to IFRS 7 Financial Instruments: Disclosures – Offsetting Financial Assets and Financial Liabilities (amendment) (as of 1 January 2013) ¤ Amendments to IAS 32 Financial Instruments: Presentation – Offsetting Financial Assets and Financial Liabilities (as of 1 January 2014) ¤ IFRIC 20 Stripping Costs in the Production Phase of a Surface Mine (as of 1 January 2013) The official announcements that did not yet have to be applied in 2012 will be implemented in the year in which their application becomes compulsory for the first time. The effects of these individual amendments are being examined by the Group. The following standards as well as interpretations of and amendments to existing standards were issued by IASB. However, their application was not yet compulsory for the preparation of the consolidated financial statements dated 31 December 2012. Application requires that they are endorsed by the EU within the scope of the IFRAS endorsement process. ¤ IFRS 9 Financial Instruments (as of 1 January 2015) ¤ Amendments to IFRS 1 First-time Adoption of the International Financial Reporting Standards – Government Assistance ¤ Annual Improvements to IFRS – 2009–2011 Cycle (as of 1 January 2013) ¤ Amendments to IFRS 10, IFRS 11, IFRS 12: Transitional guidelines (as of 1 January 2013) ¤ Amendments to IFRS 10, IFRS 12 and IAS 27: Investment companies (as of 1 January 2014) The official announcements that did not yet have to be applied in 2012 will be implemented in the year in which their application becomes compulsory for the first time. The effects of these individual amendments are being examined by the Group. CONSOLIDATED FINANCIAL STATEMENTS { 152 } DES ANNUAL REPORT 2012

DES GB2012 E

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