To ensure that all companies – whether listed on the stock exchange or not – are required to disclose off-balance sheet transactions and their financial impact where these may be crucial to an investor’s assessment of a company’s financial situation, the proposal for a Directive provides that additional specific information on material off-balance sheet arrangements should be disclosed in the notes to the annual and consolidated accounts.
To ensure that all companies – whether listed on the stock exchange or not – are required to disclose off-balance sheet transactions and their financial impact where these may be crucial to an investor’s assessment of a company’s financial situation, the proposal for a Directive provides that additional specific information on material off-balance sheet arrangements should be disclosed in the notes to the annual and consolidated accounts.