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ENAV Group Consolidated Financial Statements

Enav group consolidated Financial Statements 65
Consolidated statement of financial position 66
Consolidated income statement 68
Consolidated statement of other comprehensive income 69
Consolidated statements of changes in equity 70
Consolidated statement of cash flows 72

Notes to the Consolidated Financial Statements 73
General information 74
Form and content of Consolidated Financial Statements 75
Scope and basis of consolidation 76
Accounting policies 80
Use of management’s estimates and judgement 93
New accounting standards, interpretations
and amendments adopted by the Company 95
Notes to the consolidated statement of financial position 101
Notes to the consolidated income statement 128
Other information 137

Statement of the Chief Executive Officer and Manager for Company’s 156

accounting documents on the consolidated financial statements

Independent Auditors’ Report on the consolidated financial statements 158

64 ENAV - Annual financial report 2015