financial situation is discussed at each Board meeting,
and the management team analyzes the financial
reporting at detailed level on a monthly basis.
At Audit Committee meetings, the Committee follows
up the financial reporting and receives reports from the
auditors about their observations.
AAK has a number of policies for the operations of the
Group and its employees. These include:
Ethical guidelines for the Group have been drawn
up with the aim of clarifying the Group’s fundamental
approach to ethical issues, both within the Group and
externally with regard to customers and suppliers.
The Group’s finance function works in accordance
with instructions adopted by the Board, which provide
a framework for how the Group’s operations shall
be financed, and for how, for example, currency and
interest risks are to be handled.
The Group’s information policy is a document describing
the Group’s general principles for the publication of
The Group’s environmental policy provides guidelines
for environmental work within the Group.