Accounting policies applied for the financial statements


For determining the accounting policies for the valuation of assets and liabilities and determining the result for the company financial statements, NV Nederlandse Spoorwegen makes use of the option provided by paragraph 8, Section 362, Book 2 of the Dutch Civil Code. This means that the principles for the valuation of assets and liabilities and determination of the result (hereinafter the ‘accounting policies') for the company financial statements of NV Nederlandse Spoorwegen are the same as those used for the consolidated financial statements. The associates over which significant influence is exercised are valued using the equity method.

Participating interests in group companies

The participating interests in group companies are valued using the equity method, with losses only being considered insofar as the shareholder is obliged to settle them.

Result for group companies

The result for group companies consists of the result after income tax.