Vodafone 1999 Annual Report Download - page 25

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Financial Review
FRS 11 – Impairment of Fixed Assets and Goodwill;
FRS 12 – Provisions, Contingent Liabilities and Contingent Assets;
FRS 13 – Derivatives and Other Financial Instruments: Disclosures; and
FRS 14 – Earnings Per Share.
Comparative amounts have been restated, where appropriate.
The Group’s accounting policies are conservative and appropriate to the business.
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Going concern
After reviewing the Group’s and Company’s budget for the next financial year and other longer term plans, the directors
are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in
preparing the financial statements.
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http://www.vodafone.com/download/investor/reports/annual99/financial_review.htm (10 of 10)30/03/2007 00:08:22