37
Contents
Comments from the Chairman of the Board............................................................... 38
Directors’ Report......................................................................................................... 39
Board of Directors...................................................................................................... 44
Executive Committee................................................................................................. 46
The AAK share........................................................................................................... 48
Reasons to invest in AAK........................................................................................... 50
Comments by Fredrik Nilsson, CFO........................................................................... 51
Consolidated Income Statement................................................................................ 52
Consolidated Statement of Comprehensive Income.................................................. 53
Consolidated Balance Sheet...................................................................................... 54
Consolidated Changes in Shareholders’ Equity......................................................... 56
Consolidated Cash Flow Statement........................................................................... 57
Income Statement – Parent Company....................................................................... 58
Statement of Comprehensive Income – Parent Company......................................... 59
Balance Sheet – Parent Company............................................................................. 60
Changes in Shareholders’ Equity – Parent Company................................................ 62
Cash Flow Statement – Parent Company.................................................................. 63
Notes.......................................................................................................................... 64
Alternative Performance Measures............................................................................ 104
Corporate Governance Report................................................................................... 107
Auditor’s report........................................................................................................... 117
Financial calendar and Annual General Meeting........................................................ 122
Financial definitions.................................................................................................... 123
All amounts are denominated in SEK million unless otherwise stated.
Chairman of the Board, p. 38 The AAK share, p. 48
Corporate Governance Report, p.107