Judgment_paragraph 49 · Westfälisches Textilwerk Adolf Ahlers Stiftung & Co. KG v European Commission (T-87/25)

49In that regard, the EU accounting consolidation rules in force seek to give a true and fair view of the assets, liabilities, financial position and profit or loss of the companies which are members of a group. Article 22(1)(a) to (c) of Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings, amending Directive 2006/43/EC of the European Parliament and of the Council and repealing Council Directives 78/660/EEC and 83/349/EEC (OJ 2013 L 182, p. 19) thus imposes a requirement to prepare financial statements on any parent undertaking which, inter alia, has a majority of the voting rights in a subsidiary undertaking, has the right to appoint or remove a majority of the members of the management or supervisory body of such an undertaking or which has the right to exercise a ‘dominant influence’ over such an undertaking (see, by analogy, judgment of 26 November 2013, Groupe Gascogne v Commission, C‑58/12 P, EU:C:2013:770, paragraph 54).

Westfälisches Textilwerk Adolf Ahlers Stiftung & Co. KG v European Commission (T-87/25)

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