Impact of new accounting standards

In 2007, the following standards and their interpretations were brought into force and implemented:

• IFRS 7 "Financial instruments: disclosures"
• Amendment to IAS 1 "Capital disclosures"
• IFRIC 7-10

The implementation has not resulted in recognition and measurement changes. However, the use of IFRS 7 and the amendments to IAS 1 have resulted in more information being given about the Groups financial instruments and specific accounts items having more accurate titles. This has also resulted in more information being given about the Group’s capital management guidelines.

As of December 31, 2007, standards and interpretations (decided on, but not implemented and brought into force) include:

• IFRS 8 "Segments"
• IAS 1 "Comprehensive income, etc."
• Revised IAS 23 "Borrowing costs"
• IFRIC 11-14

Their implementation will lead to further specification in the Notes, but no material changes in recognition and measurement.