The Annual Report and consolidated financial statements were authorized for issue by the Board of Directors and the Chief Executive Officer. The income statements and balance sheets of both the parent company and the Group are subject to adoption at the Annual General Meeting.
The consolidated financial statements are prepared in accordance with International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB), as adopted by the EU. The consolidated financial statements are furthermore prepared in accordance with the Swedish Financial Reporting Board’s recommendation RFR 1 "Supplementary Accounting Rules for Groups".
The parent company applies the same accounting principles as the Group with those exceptions and additions stated in the Swedish Financial Reporting Board’s recommendations RFR 2 "Accounting for Legal Entities". This means that IFRS is applied except in those cases stated under the section "Parent company's accounting principles" in the Annual Report.