The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS).
16. Events after the reporting period
On October 4, 2016, the Group disposed of Lafarge India Pvt. Limited for a total consideration of CHF 1,168 million.
On October 10, 2016, in connection with the transaction with SNI described in notes 2 and 11, the Group disposed of its Group company Cimenteries du Cameroun and its joint venture Groupement SCB Lafarge in Benin to the joint venture LafargeHolcim Maroc Afrique for a total consideration of CHF 114 million.
On October 18, 2016, Lafarge S.A. repurchased a EUR 305 million bond with a coupon of 4.75 percent maturing in 2020 for an amount of CHF 395 million.