Accompanying notes section has been drawn from The Co-operative Group Annual Report and Accounts 2008, which have been independently audited and prepared in accordance with the Industrial and Provident Societies Acts 1965 to 2002, the Industrial and Provident Societies (Group Accounts) Regulations 1969, and applicable International Financial Reporting Standards, as endorsed by the EU (IFRS) for the year ended 10 January 2009.