English to French Bus/Financial Finance (general)

In addition to the observations made in note 2.c) on Variations in the scope of consolidation, in order to standardise the criteria for the consolidatable Group, and as established in Evaluation Standard 16 of the General Accounting and Resolutions Plan of the ICAC OF 9 October 1997 and 15 March 2002, during the financial year 2005 the Group has entered tax credits for compensation of negative tax assessment bases and tax rate deductions. These tax credits are entered under the heading “Financial assets” and they have had an effect on the profit and loss account of 15.4 million euros. In the case of the investment deductions, time period adjustments are made to the allocation of profits with a fair criterion and with a principle of prudence, over the period for recovery of the associated investments.