76 MIZUHO BANK EUROPE N.V. normal course of business. Last, we determined that the free are not recognized on a gross basis in the financial statements 2018. We refer to note 25 of the financial statements. • Completeness loan loss provisioning Key audit matter Mizuho Bank Europe N.V. provides credit to corporate clients with a focus on the European and Japanese markets. Because of the inherent uncertainty and risk in a number of areas when determining the loan loss provisioning for the loan portfolio, loan loss provisioning is an important area of judgement and estimates by management. Therefore, we have classified the completeness of the loan loss provision as a key audit matter. Audit procedures performed We have tested the controls over the credit function and determined that the key controls are effectively designed, implemented and operating effectively. We have performed substantive audit procedures on the interest receipts to determine the existence of the loans. We have tested key judgements and estimates made by management, including a review of a sample of loan files to assess the requirement for a loan loss provision. We determined that no loan loss provisions are recognized, for which we refer to note 6 and note 7 in the financial statements. 6.2 Report on the other information included in the Annual Report In addition to the financial statements and our auditor’s report thereon, the annual report contains other information that consists of: • About Mizuho Bank Europe. • Report of the Supervisory Board. • Report of the Board of Managing Directors. • Future Oriented Banking. Based on the following procedures performed, we conclude that the other information: • Is consistent with the financial statements and does not contain material misstatements. • Contains the information as required by Part 9 of Book 2 of the Dutch Civil Code. We have read the other information. Based on our knowledge and understanding obtained through our audit of the financial statements or otherwise, we have considered whether the other information contains material misstatements. By performing these procedures, we comply with the requirements of Part 9 of Book 2 of the Dutch Civil Code and the Dutch Standard 720. The scope of the procedures performed is substantially less than the scope of those performed in our audit of the financial statements. Management is responsible for the preparation of the other information, including the Management Board’s Report in accordance with Part 9 of Book 2 of the Dutch Civil Code, and the other information as required by Part 9 of Book 2 of the Dutch Civil Code. 6.3 Report on other legal and regulatory requirements 6.3.1 Engagement We were engaged by the supervisory board as auditor of Mizuho Bank Europe N.V. as of the audit for the year 2015 and have operated as statutory auditor ever since that financial year.