Jaguar was a United Kingdom company, it uses applicable law and International Financial Reporting Standards (IFRSs) as adopted by the European Union and, as regards the parent Company financial statements, as applied in accordance with the provisions of the Companies Act 2006
prepared in accordance with International Financial Reporting Standards (referred to as “IFRS”) and IFRS Interpretation Committee (“IFRS IC”) interpretations as adopted by the European Union (“EU”) and the requirements of the United Kingdom Companies Act 2006 applicable to companies reporting under IFRS. In addition these consolidated financial statements also comply with IFRS as adopted by the International Accounting Standards Board (“IASB”) as no differences exist between IFRS as adopted by the EU applied by the Group and IFRS issued by the IASB.