AAK Annual Report 2019

120 The consolidated income statement and balance sheet will be presented to the Annual General Meeting on May 13, 2020 for adoption. The Board of Directors and the Chief Executive Officer declare that the consolidated accounts have been prepared in accordance with IFRS International Accounting Standards, as adopted by the EU, and provide a true and fair view of the Group’s financial position and results. The annual accounts have been prepared in accordance with generally accepted accounting practices and provide a true and fair view of the Parent’s financial position and results. The Directors’ Report for the Group and Parent provides a true and fair view of the development of the business operations, financial position and results of the Group and Parent and describes the significant risks and uncertainty factors facing the Parent and the companies belonging to the Group. Malmö, April 15, 2020 Georg Brunstam Johan Westman Märta Schörling Andreen Chairman of the Board President and CEO Member Marianne Kirkegaard Bengt Baron Gun Nilsson Patrik Andersson Member Member Member Member Leif Håkansson Lena Nilsson Employee representative Employee representative Audited and submitted on April 15, 2020 PricewaterhouseCoopers AB Sofia Götmar-Blomstedt Authorized Public Accountant Auditor in charge