The s t atutor y adminis tr ation report of the Group and the Parent Compan y pro vides a fair re view of the de v elopment of the Group s and the Parent Compan y s oper ations fnancial position and results of oper ations and d e s c r i b e s material risks and uncert ainties facin g the Parent Compan y and the companies included in the Group The s t atements of income and balance sheets of the Parent Compan y and the Group are subject to adoption b y the Annual G ener al M eetin g on M a y 7 2013 The Boar d of Director s and the President declare that the consolidated fnancial s t atements ha v e been prepared in accor dance with IFRS as adopted b y the E U and g iv e a true and fair view of the Group s fnancial position and results of oper ations The fnancial s t atements of the Parent Compan y ha v e been prepared in accor dance with g ener ally accepted accountin g principles in S w eden and g iv e a true and fair view of the Parent Compan y s fnancial position and results of oper ations Stockholm M arch 15 2013 P e t er Nyllinge Authoriz ed P ublic Account ant Alf Gorans son President and Chief Ex ecutiv e Ofcer Director Our audit report has been submit ted on M arch 15 2013 Pricew aterhouseCooper s AB Melk er S chorling Chairman C arl d ouglas v ice Chairman F redrik C appelen Director Marie Ehrling Director Annik a F alk engren Director S o fa S chorling Hogberg Director F redrik P alms tierna Director Susanne Bergman Israels son Director Emplo y ee R epresent ativ e Ase H jelm Director Emplo y ee R epresent ativ e Jan P rang Director Emplo y ee R epresent ativ e 130 Securit as Annual R eport 2012 Annual R eport Signatures of the Boar d of Director s