AAK Annual Report 2020

AAK Annual Report 2020 122 The consolidated income statement and balance sheet will be presented to the Annual General Meeting on May 7, 2021 for adoption. The Board of Directors and the Chief Executive Officer declare that the consolidated accounts have been pre- pared in accordance with IFRS International Account- ing 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 prac- tices 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 14, 2021 Georg Brunstam Johan Westman Märta Schörling Andreen Chairman of the Board President and CEO Board member Marianne Kirkegaard Bengt Baron Gun Nilsson Patrik Andersson Board member Board member Board member Board member Leif Håkansson Lena Nilsson Employee representative Employee representative Audited and submitted on April 14, 2021 PricewaterhouseCoopers AB Bo Karlsson Authorized Public Accountant Auditor in charge