Download PDF - Sky Deutschland AG

General information
and basis of preparation
Premiere AG (also referred to as "the Company")
has prepared consolidated interim financial statements
in accordance with the International
Financial Reporting Standards (IFRS) issued by the
International Accounting Standards Board (IASB)
and their interpretations issued by the
International Financial Reporting Interpretations
Committee (IFRIC). The accompanying consolidated
interim financial statements have been prepared in
compliance with International Accounting Standard
(IAS) 34.
All standards and interpretations published by the
IASB, which have to be applied as of March 31,
2005, have been taken into account. The Company
voluntarily early adopted IFRIC 4 “Determining
whether an Arrangement contains a Lease“ in its
financial statements for the year ended December
31, 2004. The prior year figures have been determined
in accordance with the standards in force
as of December 31, 2004.
Adoption of the following standards and interpretations
is obligatory for financial years commenc-ing
on or after January 1, 2006:
IFRS 6 Exploration for and Evaluation of Mineral
Resources
IFRIC 3 Emission Rights
IFRIC 5 Rights to Interests arising from
Decommissioning, Restoration and
Environmental Rehabilitation Funds
Early adoption would have no impact on the consolidated
interim financial statements, since Premiere
AG and its subsidiaries (referred to as
"Premiere") do not hold any such assets or emission
rights.
Premiere AG | 1st Quarter 2005
Notes
General information and basis of preparation
The accounting policies applied as of March 31,
2005 comply with those as of December 31,
2004, so that reference should be made to the
notes to the consolidated financial statements at
December 31, 2004. There have been no changes
in the scope of the consolidation compared with
December 31, 2004.
The financial statements present a true and fair
view of the net assets, financial position and
results of operations of the Group.
29