With the exception of IFRS 9 and IFRS 15, the accounting policies are principally unchanged from the Consolidated Financial Statements for the business year 2017/18. The initial application of IFRS 9 as of April 1, 2018, does not have any material effects. IFRS 15 was applied in a modified retrospective manner as of April 1, 2018; the previous year’s figures were not adjusted therefore. The changes in the Consolidated Statement of Cash Flows concern the figures that were adjusted as of April 1, 2018, pursuant to IFRS 15. For further details, please see the Consolidated Financial Statements 2017/18.