Air France-KLM

French Tax Legislation Introduces Lack Of Comparability

This report reviews how a small sample of companies treat new taxes introduced by French legislation that replace the previous business tax.

Air France-KLM SA Period End 31 March 2010

Submitted by Company Reporting on Thu, 2010-08-05 11:03
Air France-KLM SA Annual Report 2010
Notice given of large non-recurring gain on revaluation
French airline Air France-KLM discloses that part-disposal of an interest in a former associate on which it will recognise a €282 million gain next year, will lead to a further €749 million gain on revaluation of the residual interest at fair value.

Air France-KLM SA Period End 31 March 2009

Submitted by Company Reporting on Mon, 2009-07-13 23:00
Air France-KLM Annual Report 2009

Equity reduced 6% by revised treatment of loyalty programme
French airline Air France-KLM restates its accounts on early adoption of IFRIC 13 "Customer loyalty programmes", reducing comparative equity by 6% and increasing deferred revenue on ticket sales by 41.1%.

Increased disclosure as regulators act on rating agencies
French airline Air France-KLM publishes a policy on counterparty risk management that includes information from a credit rating agency, as European regulators consider action to improve agencies' performance.