The Company’s consolidated revenues, costs, assets and liabilities
denominated in currencies other than the euro are translated into
the euro for the purposes of compiling its financial statements.
Changes in the value of these currencies relative to the euro
will therefore have an effect on the euro value of the Company’s
reported revenues, costs, earnings before interest and taxes, pregoodwill
impairment and exceptionals (“EBIT*”), other financial
result, assets and liabilities.