The European Securities and Markets Authority (ESMA) has published four new questions and answers in its Q&As on the implementation of the guidelines on alternative performance measures (APMs) for listed issuers. The new questions and answers provide information on:
- the definition of APMs in the context of interim financial statements;
- the prominence of APMs, i.e. the way they are presented compared to IFRS figures outside financial statements; and
- the use of the “compliance by reference” principle as set out in the guidelines.
View ESMA publishes new Q&A on alternative performance measures guidelines, 12 July 2017