If, at the date of initial application, an investor concludes that it will no longer consolidate an investee that was consolidated in accordance with IAS 27 and SIC-12, the investor shall measure its interest in the investee at the amount at which it would have been measured if the requirements of this IFRS had been effective when the investor became involved with (but did not obtain control in accordance with this IFRS), or lost control of, the investee.

When application of this IFRS for the first time results in an investor no longer consolidating an investee that was consolidated in accordance with IAS 27 (as amended in 2008) and SIC-12, the investor shall measure its retained interest in the investee on the date of initial application at the amount at which it would have been measured if the requirements of this IFRS had been effective when the investor became involved with, or lost control of, the investee.

An 82-year-old veteran has no way of recouping that lost investment value.

That's the type of investment loss that we should be concerned about.

The Commission also points out that the refundable loan of 313500000 pesetas was accompanied by a non-refundable subsidy of 209 million pesetas and by another non-refundable subsidy of 23 million pesetas for research and technological development activities.

Structural Funds will support in particular the measures listed below: - infrastructure measures to protect the environment, in particular * reclamation of derelict industrial sites and restoration of derelict commercial areas including the necessary decontamination * investments in waste water treatment and refuse disposal * water supply and distribution - investment of the productive sector in environmental improvement and clean technologies - productive investment in connection with business start-ups, setting-up, extension, rationalisation and restructuring of enterprises which can unequivocally be related to environmental improvemen ...[+++]t - introduction of services and environmental agencies for giving advice and information Priority 5 - Measures to promote the development of human resource, vocational training and further training as well as employment The strategy to develop human resources and employment and to combat unemployment - in line with the White Paper - will concentrate the efforts of the ESF on the following priorities: - measures for training, retraining and lifetime learning; assistance with finding a job; help for those who have lost their jobs, are threatened with unemployment of who are in employment but need to have their qualifications brought into line with market needs and new technologies; - measures for target groups which concentrate on one of the following areas: a) improved access for young people to initial training and the transition to the labour market including Youth start measures; b) improvement in the opportunities for employment and training for unemployed persons who are difficult to place in work, long-term unemployed persons threatened with exclusion from the labour market; c) improvement of vocational qualification and (re)integration of women into the labour market in all areas of the economy. - technical assistance measures together with pilot and demonstration projects.