ESMA_QA_991
12/07/2019
Subject Matter
Item 18.1.1 of Annex I of the Commission Delegated Regulation (EU) 2019/980
    Item 18.1.1 requires issuers to disclose audited historical financial information covering the latest three financial years and the audit report in respect of each year. If historical information has not been restated and the issuer decides to present the historical financial information for the last three years in a columnar format, and an accountant's report is provided for the purposes of the prospectus, would this meet the requirements of the Prospectus Regulation?
    ESMA Answer
    12-07-2019

      [ESMA31-62-1258 Prospectus Q&A 7.1]

      The issuer has the right to choose the format of the historical financial information as far as the minimum information required by item 18.1.1 is included.

      Status: Answer Published

      Additional Information

      Level 1 Regulation
      Prospectus Regulation 2017/1129
      Topic
      Financial reporting