2nd Subsection: Treatment of losses and capital losses incurred by the company before joining or after leaving the group

1. a) Losses incurred by a group company in respect of financial years prior to its entry into the group may only be offset against its profits, subject to the limits and conditions set out in the third paragraph of I of Article 209 ; b) The share of losses corresponding to the additional depreciation resulting from the revaluation of its fixed assets by a company in the group, is…