Tui AG Application of IFRS 16 Conference Call Transcript
Good morning, ladies and gentlemen. Welcome to the TUI AG Conference Call regarding the IFRS 16 accounting standard. (Operator Instructions)
Let me now turn the floor over to your host.
Yes. Good morning. It's Mathias Kiep speaking. To those who I have not spoken to, I've taken over the role as Group Director of Investor Relations and Corporate Finance as of 1st November. And thank you very much for joining this call and having the opportunity to talk to you on this specific topic of IFRS 16.
I'm here with Wolfgang Flintermann, our Director of Accounting and Reporting; and Elmar Hagemann who is the Project Lead on the IFRS 16 project and implementation and has been working on this over the last 2 years in very much detail.
So the call is about giving you some more details and more background on the numbers that we already had provided you with in the backup of the presentation that we published yesterday. And as you can see, there's, of course -- given
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