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Certification of the State financial statements for financial year 2020

COUR DES COMPTES

The Court of Auditors has published the certification of the State financial statements, drawn up each year pursuant to Article 58 of the Organic Act on Finance Acts (“LOLF”).
The Court certifies that, pursuant to applicable accounting rules and principles, the State financial statements for financial year 2020, approved on April 2nd 2021, are consistent and fair, and give a faithful view of the State’s financial position and assets, subject to four substantial reservations.
The State’s net state position was -€1,536 billion at the end of 2020.

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