Crédit Agricole

Provisions - Credit Agricole SA

Period End: 
31 December 2011
Period End Date: 
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
8355 Banks
Ernst & Young

Provisions under IFRS

The focus of this report is the disclsoure of provisions within IFRS financial statements. Included is an examination of company disclosures relating to individual classes of provision such as nature and timing as well as movements during the year. Our analysis is based on the financial statements of 26 large listed European companies drawn from a broad range of countries and industries. 

Crédit Agricole SA Period End 31 December 2007

Change in accounting policy prompts prior year restatement
French bank Crédit Agricole moves to accounting through equity for changes in interests in subsidiaries that do not result in change in control and restates prior year comparative financial statements.