Directive 78/660/EEC is hereby amended as follows:
1. in Article 2(1) the following subparagraph shall be added:
'Member States may permit or require the inclusion of other statements in the annual accounts in addition to the documents referred to in the first subparagraph.';
2. in Article 4, the following paragraph shall be added:
'6. Member States may permit or require the presentation of amounts within items in the profit and loss account and balance sheet to have regard to the substance of the reported transaction or arrangement. Such permission or requirement may be restricted to certain classes of company and/or to consolidated accounts as defined in the Seventh Council Directive 83/349/EEC of 13 June 1983 on consolidated accounts [OJ L 193, 18.7.1983, p. 1. Directive as last amended by Directive 2001/65/EC of the European Parliament and of the Council (OJ L 283, 27.10.2001, p. 28).].';
3. in Article 8 the following paragraph shall be added:
'Member States may permit or requ