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annual report 2008
true value for investors
true value for investors
The Randstad share reflects true value for investors. This may sound odd, given that Total Shareholder Return amounted to minus 42% in 2008 and that no dividend will be paid for 2008. However, long-term prospects are positive.
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annual report 2008 | company financial statements | notes to the company financial statements | 1. Accounting policies for the company financial statements

1. Accounting policies for the company financial statements

The company financial statements of Randstad Holding nv are prepared in accordance with the legal requirements of Part 9, Book 2 of the Dutch Civil Code. The company made use of the possibility based on article 362, paragraph 8, Part 9, Book 2 of the Dutch Civil Code, to prepare company financial statements based on the accounting policies used for the consolidated financial statements.
The subsidiaries are stated at net value of assets and liabilities, based upon accounting policies used in the consolidated financial statements.
A summary of the significant accounting policies, as well as a summary of the critical accounting estimates and judgments, are included in note 2 and note 4 of the notes to the consolidated financial statements.

With respect to the company income statement of Randstad Holding nv, the company makes use of the exception provided for in Article 402, Part 9, Book 2 of the Dutch Civil Code.