The corporate financial statements of USG People N.V. are prepared in accordance with the legal regulations of Part 9, Book 2 of the Dutch Civil Code. In this context the group makes use of the option provided under article 2:362 section 8 of the Dutch Civil Code to apply the same principles of valuation and determination of results in the corporate financial statements (including the principles of presentation for financial instruments such as equity and debt) as those applied in the consolidated financial statements.