" alt="Alpiq Banner Interim Report" />Preliminary notes
The Alpiq Group was newly formed in early February 2009 through the combination of Atel and EOS, together with EDF's purchase rights in Emosson. This means that 2009 is the first financial year in which the new Group is reporting consolidated results. To nevertheless allow an assessment of the Group's and Energy segment's operating performance during the year, consolidated financial statements have been prepared for 2008 as if the businesses had already been combined in February 2008 (pro forma financial statements). For this purpose, Atel's consolidated figures for 2008 and the figures of EOS and Emosson from February 2008 have been used, taking into account the consolidation effects arising in connection with the business combinations. Both for 2009 and in the pro forma financial statements for the previous year, amortisation of the EOS / Emosson assets, as revalued at the date of the combination, and the effects of the transaction with EOS are included in operating expenses and net finance costs respectively.
The formal financial statements for the year ended 31 December 2009 prepared in accordance with IFRS accounting principles are presented on pages 67 ff. All prior year comparatives shown represent the figures published by the former Atel Group excluding EOS and Emosson.