Roche Holding Ltd – Annual report – 31 December 2021
Basis of preparation (extract)
The consolidated financial statements (hereafter ‘the Annual Financial Statements’) of the Roche Group have been prepared in accordance with International Financial Reporting Standards (IFRS) and comply with Swiss law. They have been prepared using the historical cost convention except for items that are required to be accounted for at fair value. They were approved for issue by the Board of Directors on 1 February 2022 and are subject to approval by the Annual General Meeting of shareholders on 15 March 2022.