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MIL-OSI: Amundi: 2021 H1 and Q2 Results | ForeignAffairs.co.nz


High inflows of +€22bn in MLT assets, driven by active management in particular
Amundi’s assets under management totalled €1,794bn at 30 June 2021, an increase of +12.7% year-on-year and +2.2% vs. the end of March 2021.
In very favourable market conditions (average equity market increase of 36% year-on-year and +8% in Q2
9
leading to
) and seasonal outflows in treasury products (-€17.0bn excl. JVs).
In total, net flows amounted to +€7.2bn over the quarter:
In Retail
,
inflows were once again robust in MLT assets (+€9.5bn vs. +€7.8bn in Q1 2021), driven by most customer segments, specifically third-party distributors (+€4.4bn), as well as international networks (+€3.2bn), particularly in Italy and Spain (Banco Sabadell network). The new subsidiary Amundi BOC Wealth Management showed solid business activity (+€2.5bn) thanks to ~30 fund launches in Q2; AuM stood at €3.5bn after just six months. In the French networks, inflows ....

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Outbreak Of COVID-19: Financial Reporting Implications - Accounting and Audit


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The outbreak of COVID-19 has affected not just the health of
people but also the health of businesses across the globe. This
crisis has affected most companies either directly or indirectly
belonging to sectors such as healthcare, finance, real estate,
motor vehicles, pharmaceuticals, etc. The economic uncertainty has
caused a significant impact on financial reporting due to increased
market risks including an overall reduction in demand and
production shutdown post mid – March 2020.
For the preparation of interim financial statements for the
quarter ending June 2020 and onwards, and financial statements as ....

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Investegate |3M Company Announcements | 3M Company: Annual Financial Report


 
 
Consolidation:
3M is a diversified global manufacturer, technology innovator and marketer of a wide variety of products. All applicable subsidiaries are consolidated. All intercompany transactions are eliminated. As used herein, the term 3M or Company refers to 3M Company and subsidiaries unless the context indicates otherwise.
 
Basis of presentation:
Certain amounts in the prior years consolidated financial statements have been reclassified to conform to the current year presentation.
 
As described in Note 19, effective in the first quarter of 2020, the Company changed its business segment reporting in its continuing effort to improve the alignment of businesses around markets and customers. Additionally, the Company consolidated the way it presents geographic area net sales by providing an aggregate Americas geographic region (combining former United States and Latin Americ ....

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