The consolidated financial statements of Franz Haniel & Cie. GmbH, Duisburg, for the year ended 31 December 2015 have been prepared in accordance with the mandatory International Financial Reporting Standards (IFRSs) in effect on the reporting date and adopted by the Commission of the European Union, and in accordance with the supplementary requirements applicable under section 315a (1) HGB (Handelsgesetzbuch – German Commercial Code). These consolidated financial statements were prepared by the Management Board on 4 March 2016. They were approved by the Supervisory Board at their meeting on 8 April 2016.
The reporting currency is the euro; figures are shown in EUR million. In rare cases, this can give rise to rounding differences. For enhanced transparency of presentation, certain items in the statement of financial position and the income statement have been combined. These are explained in the notes. In accordance with IAS 1, the statement of financial position has been classified into non-current and current items. The income statement has been prepared using the nature of expense method.