Capability in International Financial Reporting Standards (IFRS) is one of our core skills. We have access to a full-time team responsible for high quality, consistent application of IFRS throughout the global organisation. As an organisation, we also actively contribute to the development of IFRS. This includes the submission of global comment letters on proposals for new and amended standards as well as participation in roundtables and other events. We are also a member of the IFRS Interpretations Committee, the IFRS Advisory Council and the IFRS for SMEs Implementation Group.