Chapter V: Consolidated and combined financial statements

Subject to the provisions of this chapter and the accounting requirements defined by the Autorité des normes comptables, the consolidated or combined financial statements referred to in Article L 345-2 are prepared in accordance with the rules set out in Articles R. 233-2 to R. 233-15 of the French Commercial Code.

Two or more undertakings referred to in Articles L. 310-1 or L. 310-1-1, insurance group companies referred to in Article L. 322-1-2, mutual insurers or unions governed by Book II of the Mutual Code or mutual group unions defined in Article L. 111-4-2 du même code, institutions de prévoyance ou unions régies par le titre 3 du livre 9 du code de la sécurité sociale ou par l’article L. 727-2…

The appointment of the entity responsible for preparing and publishing the combined accounts is the subject of a written agreement between all the entities whose cohesion does not result from capital links and which belong to the group subject to the obligation to prepare combined accounts. This agreement automatically binds all the undertakings over which one of the parties to the agreement exercises exclusive control, joint control or significant influence….

When the entity designated in accordance with the provisions of the first paragraph of Article R. 345-1-2 is an undertaking mentioned in Articles L. 310-1 or L. 310-1-1, a société de groupe d’assurance mentioned in Article L 322-1-2, a mutuelle or union governed by Book II of the Code de la mutualité, a union mutualiste de groupe mentioned in Article L. 111-4-2 du même code, une institution de prévoyance ou…

When the statutory auditor of an undertaking referred to in Articles L. 310-1 or L. 310-1-1, of a société de groupe d’assurance referred to in Article L. 322-1-2, of a mutuelle or union governed by Book II of the Code de la mutualité, of a union mutualiste de groupe referred to in Article L. 111-4-2 of the same code, a provident institution or a union governed by Title 3 of…