Financial reports sample-Yara International-Notes to the condensed consolidated interim financial statements

（Edited by freelance Chinese translator li – English to Chinese translation or Chinese to English translation services- financial report translation）

Notes to the condensed consolidated interim financial statements（合并中期财务报表摘要）

General and accounting policies
Yara (the Group) consists of Yara International ASA (the Company) and its subsidiaries. Yara international ASA is a limited company incorporated in Norway. The condensed consolidated interim financial statements consist of the Group and the Group’s interests in equity accounted（计算权益的） investees.

The consolidated financial statements of the Group as at and for the year ended 31 December 2007 are available upon request from the Company’s
registered office（总公司） at Bygd.y Allé 2, Oslo, Norway or at www.yara.com. These condensed consolidated interim financial statements have been prepared in accordance with rules and regulations of Oslo Stock Exchange and International Financial Reporting Standard (IFRS) IAS 34 Interim Financial Reporting. They do not include all of the information required for full annual consolidated financial statements, and should be read in conjunction with consolidated financial statements of the Group as at and for the year ended 31 December 2007. These condensed consolidated interim financial statements are unaudited.

As a result of rounding differences（取整的区别）, numbers or percentages may not add up to the total.

The accounting policies applied by the Group in these condensed consolidated interim financial statements are the same as those applied by the Group in its consolidated financial statements as at and for the year ended 31 December 2007.

Note 1
Judgements, estimates and assumptions
The preparation of condensed consolidated interim financial statements in accordance with IFRS and applying the chosen accounting policies requires management to make judgments（判断）, estimates（估计） and assumptions（假设） that affect the reported amounts of assets, liabilities, income and expenses.

The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances. Actual results may differ from these estimates. The estimates and the underlying assumptions are reviewed on an ongoing（进行/现行） basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

In preparing these condensed consolidated interim financial statements, the significant judgments made by management in applying the Group’s accounting policies and the key sources of estimation uncertainty were the same as those that applied to the consolidated financial statements as at and for the period ended 31 December 2007.