Disclosures in Notes I

Companies are required to disclose substantial shareholdings in their accounts, detailing holdings of 20% or more in entities not considered subsidiaries. These notes should differentiate between subsidiaries and substantial interests and provide various details including shares held, net assets, and profits. Details of undertakings with unlimited liability may also be required.

Exemptions from disclosure are available under certain circumstances, such as when subsidiary information is included in group financial statements or when information is deemed immaterial. Directors may apply for exemptions if compliance results in excessive note length.

Employee information, retirement benefit costs, and share capital details must also be disclosed. Group financial statements should mirror these disclosures, including comparative figures from previous years.

Auditor remuneration details, including breakdowns of different services provided, must be disclosed unless exemptions apply. Medium companies not making these disclosures must provide the information to the Supervisory Authority when requested.

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