The consolidated financial statements of PCC SE as of December 31, 2024, have been prepared in accordance with the International Financial Reporting Standards (IFRSs) of the International Accounting Standards Board (IASB) and the interpretations of the International Financial Reporting Standards Interpretations Committee (IFRS IC) as endorsed by the European Union (EU) and applicable as of the reporting date. In addition, the provisions to be applied in accordance with Section 315e (1) of the German Commercial Code (HGB) have been observed.
The consolidated financial statements of the PCC Group are prepared in a multi-stage process using standardized consolidation software from insightsoftware Deutschland GmbH (“IDL konsis”). The financial statements pre-consolidated by individual subsidiaries and audited by the respective auditors are combined in the consolidated financial statements of the holding company. PCC SE is responsible for providing support and assistance with regard to the consolidation system, the uniform Group chart of accounts and the implementation of consolidation measures. Uniform accounting and reporting guidelines apply to the companies included in the consolidated financial statements. This covers the accounting and valuation principles to be applied in accordance with the applicable IFRS regulations.
All companies included in the consolidated financial statements have a binding uniform schedule for the preparation of their financial statements and the performance of the audit. Both automated and manual controls are integrated into the entire preparation process. The organizational regulations ensure that all business transactions and the preparation of the annual financial statements are recorded, processed and documented completely, promptly, correctly and on an accrual basis. Before a final report is submitted to PCC SE, a quality- assurance assessment process is carried out in the subsidiaries of the PCC Group by their own committees or with the direct involvement of management. This internal procedure concludes with a formal written confirmation of the system’s effectiveness, together with a signed release of the financial statements of the individual companies or subgroups and related information for incorporation in the consolidated financial statements.
The consolidated financial statements of the PCC Group are prepared in a multi-stage process using standardized consolidation software from insightsoftware Deutschland GmbH (“IDL konsis”). The financial statements pre-consolidated by individual subsidiaries and audited by the respective auditors are combined in the consolidated financial statements of the holding company. PCC SE is responsible for providing support and assistance with regard to the consolidation system, the uniform Group chart of accounts and the implementation of consolidation measures. Uniform accounting and reporting guidelines apply to the companies included in the consolidated financial statements. This covers the accounting and valuation principles to be applied in accordance with the applicable IFRS regulations.
All companies included in the consolidated financial statements have a binding uniform schedule for the preparation of their financial statements and the performance of the audit. Both automated and manual controls are integrated into the entire preparation process. The organizational regulations ensure that all business transactions and the preparation of the annual financial statements are recorded, processed and documented completely, promptly, correctly and on an accrual basis. Before a final report is submitted to PCC SE, a quality- assurance assessment process is carried out in the subsidiaries of the PCC Group by their own committees or with the direct involvement of management. This internal procedure concludes with a formal written confirmation of the system’s effectiveness, together with a signed release of the financial statements of the individual companies or subgroups and related information for incorporation in the consolidated financial statements.
