I. CONSOLIDATED INCOME STATEMENT
II. CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
III. CONSOLIDATED BALANCE SHEET
IV. CONSOLIDATED STATEMENT OF CASH FLOWS
V. CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
VI. NOTES TO THE CONSOLIDATED ANNUAL ACCOUNTS
1. Activity and description of the Group
2. Business combinations
3. Sales
4. Cost of sales
5. Operating expenses
6. Other losses and income, net
7. Amortization and depreciation
8. Financial results
9. Earnings per share
10. Segment reporting
11. Trade and other receivables
12. Inventories
13. Property, plant and equipment
14. Investment property
15. Rights over leased assets and other intangible assets
16. Goodwill
17. Financial investments
18. Other non-current assets
19. Trade and other payables
20. Net financial position
21. Provisions
22. Other non-current liabilities
23. Capital and reserves
24. Income taxes
25. Operating leases
26. Risk management and financial instruments
27. Employee benefits
28. Interests in joint ventures
29. Proposed distribution of the profit of the Parent
30. Remuneration of the board of directors and transactions with related parties
31. External auditors
32. Selected accounting policies
32.1. Basis of consolidation
32.2. Accounting policies
a) Foreign currency translation
b) Property, plant and equipment
c) Rights over leased assets
d) Other intangible assets
e) Financial investments
f) Investment property
g) Impairment of non-current assets
h) Trade and other receivables
i) Inventories
j) Cash and cash equivalents
k) Current financial investments
l) Employee benefits
m) Provisions
n) Financial liabilities
o) Derivatives and hedging operations
p) Revenue recognition
q) Leases
r) Financial income and expenses
s) Income taxes
t) Current and non-current assets and liabilities
u) Treasury shares

33. Environment
34. Events after the reporting period
35. Explanation added for translation to English
Appendix I- Composition of the Inditex Group