We safeguard our financial integrity

Our shared responsibility

We ensure that our books and records are prepared on time and follow the rules and standards in the Financial Reporting Guidelines. This is essential because all financial data is consolidated on a corporate level and reported quarterly to the financial market.

We follow our internal control framework, ensuring that all financial information provided is accurate, complete, and suitable for reporting.

Why it matters

Reliable and accurate financial reporting protects investors, complies with legal requirements, and safeguards the company’s reputation. Unreleased, inaccurate, or misleading information can undermine trust, lead to financial losses, result in penalties, damage public perception, and affect our share price.

How we energize with integrity

We safeguard our financial integrity by:

Following the FRGs in all transactions.
Ensuring every transaction is properly documented, approved, and recorded.
Never creating false, misleading, or incomplete entries.
Providing correct and complete information to support reliable consolidated financial disclosures.

Spark your understanding

Books:

The complete and official set of accounting records that capture all financial transactions in line with applicable accounting standards.

Records:

The supporting auditable evidence — including invoices, approvals, contracts, and receipts — showing the transaction occurred and how it was booked.

Financial Reporting Guidelines (FRGs):

Our company’s internal accounting and reporting rules that govern how financial transactions are recognized, measured, documented, and reported, ensuring consistency with applicable accounting standards and regulatory requirements.

Make it current

Question: At the end of September, a manager calls his financial counterpart and asks him to move EUR 2 million of project costs to the next quarter without proper documentation. Should he do that?