AAK Annual Report 2020

AAK Annual Report 2020 41 Contents Comments by Georg Brunstam, Chairman of the Board 42 Directors’ Report 43 Board of Directors 48 Executive Committee 50 The AAK share 52 Reasons to invest in AAK 54 Consolidated Income Statement 56 Consolidated Statement of Comprehensive Income 57 Consolidated Balance Sheet 58 Consolidated Changes in Shareholders’ Equity 60 Consolidated Cash Flow Statement 61 Income Statement – Parent Company 62 Statement of Comprehensive Income – Parent Company 63 Balance Sheet – Parent Company 64 Changes in Shareholders’ Equity – Parent Company 66 Cash Flow Statement – Parent Company 67 Notes 68 Alternative Performance Measures 111 Corporate Governance Report 114 Auditor’s report 123 Financial calendar and Annual General Meeting 128 Alternative performance measures (APM) and other financial definitions 129 All amounts are denominated in SEK million unless otherwise stated.