ACCOUNTING PRINCIPLES APPLIED IN THE PREPARATION OF THE FINANCIAL STATEMENTS a) Basis of preparation The following exchange rates were used at year end: and retaining the majority of the residual or The consolidated financial statements have 2018 ownership risks related to the SPE or its assets. [...] at the foreign exchange rate ruling on the date evaluation of the substance of its relationship The estimates and associated assumptions are of the transaction. [...] If in the future, such that are measured in terms of historical cost of the benefits related to the SPE’s operations estimates and assumptions, which are based on in a foreign currency are translated using the and net assets, while being exposed to the management’s best judgement at the date of the exchange rate on the date of the transaction. [...] GSK has agreed from GSK, in 2018 MMV received the following regulatory approval, under priority review, to reimburse 50% of MMV cumulative costs revenue from partnerships: from Takeda in of single-dose Krintafel for the radical cure from 2008 until 31 December 2018 in Q1 2019, respect of the co-development of DSM265 for a (prevention of relapse) of Plasmodium vivax 25% in July 2022 and the residua. [...] of the co-development of P218 for a total of Under US law, following approval by the FDA USD 531,989 (2017: USD 389,560); and from of a treatment for a neglected or rare paediatric The cumulative costs incurred by MMV on Shin Poong as refund of the Pyramax® FDA disease, the developer may receive a Priority the development of Krintafel from 2008 to 31 registration costs for a total of USD 445,697 R.
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