Grifols SA | CIK:0001438569 | 3

  • Filed: 4/6/2018
  • Entity registrant name: Grifols SA (CIK: 0001438569)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1438569/000110465918022787/0001104659-18-022787-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1438569/000110465918022787/grfs-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001438569
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  • ifrs-full:DescriptionOfAccountingPolicyForInvestmentsInJointVentures

     

    (d)Joint arrangements

     

    Joint arrangements are those in which there is a contractual agreement to share the control over an economic activity, in such a way that the decisions over relevant activities require the unanimous consent of the Group and the remaining venturers.

     

    Investments in joint arrangements are accounted for using the equity method.

     

    The acquisition cost of investments in joint arrangements is determined consistently with that established for investments in associates.