CERTYNEX IFRS ACADEMY

Aster SA is held by Aster Holding, which does not publish consolidated statements. Ultimate control is exercised by the Roux family, individuals who of course produce none. Between the two sits the Zéphyr group, a more senior parent that publishes consolidated statements available for public use. What must Aster SA disclose?

Aster Holding, its parent, since the family produces no statements and Zéphyr is not its direct parent.

Aster Holding and Zéphyr, but not the Roux family, which is not an entity and does not produce consolidated financial statements available for public use.

Aster Holding (parent), the Roux family (ultimate control) and the Zéphyr group (next most senior parent that publishes).

The Zéphyr group, which publishes consolidated statements available for public use.