Anders Hedin Invest årsredovisning ENG 1
AUDIT REPORT TO THE ANNUAL GENERAL MEETING OF AND
ERS HEDIN INVEST AB, CIN 556702-0655 Report on the Annual Report and Consolidated Financial Statements I conducted an audit of Annual Report and Consolidated Financial Statements of Anders Hedin Invest AB for 2015. The company's Annual Report and Consolidated Financial Statements are included in the printed version of this document on pages 61-102. Responsibilities of the Board of Directors and the CEO for the Annual Report and Consolidated Financial Statements The Board of Directors and management are obliged to submit an annual report that presents conditions accurately in compliance with the Annual Accounts Act, as well as a consolidated financial statement that presents conditions accurately in compliance with International Financial Reporting Standards as adopted by the EU, and in compliance with the AAA, and also for any internal control that the Board and CEO may find necessary in order to submit an annual report and consolidated statement that contain no material errors, whether due to irregularities or errors. Auditor's liability My responsibility is to express an opinion on the Annual Report and Consolidated Financial Statements based on my audit. I have executed the audit in compliance with International Standards on Auditing and Swedish Auditing Standards. Those standards require that I comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the Annual Report and Consolidated Financial Statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the Annual Report and Consolidated Financial Statements. The auditor determines which procedures should be performed, including the assessment of risks for material misstatements in the Annual Report and Consolidated Financial Statements, whether due to fraud or error. In making those risk assessments, the auditor considers those parts of the internal controls that are relevant to the company's preparation and fair presentation of the Annual Report and Consolidated Financial Statements in order to design audit procedures that are appropriate to the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal controls. An audit also involves evaluating the appropriateness of the accounting policies that have been used and the reasonableness of the accounting estimates of the Board of Directors and of the CEO, as well as evaluating the overall presentation in the Annual Report and Consolidated Financial Statements. I believe that the audit evidence I have examined has sufficient and adequate grounds for my statement. Statement In my opinion, the Annual Report and Consolidated Financial Statements have been prepared in accordance with the Annual Accounts Act and present fairly, in all material respects, the financial position of Anders Hedin Invest AB and the Group as of 31 December 2015 and of its financial performance and cash flows for the year in accordance with the Annual Accounts Act. The Consolidated Financial Statement has been submitted in compliance with the Annual Accounting Act and provides for all material purposes, as of 31st December 2015, an accurate description of the Group's financial position and its financial result and cash flow in compliance with international Financial Reporting Standards as adopted by the EU and the Annual Accounting Act. Johan Palmgren Chartered accountant The Management Report complies with other components of the Annual Report and the Consolidated Financial Statement. I therefore endorse that the AGM approves the Income Statement and Balance Sheet for the Parent Company and Group. Notes on other requirements in accordance with laws and provisions. In addition to my audit of the Annual Report and Consolidated Financial Statements, I have also examined the proposed appropriations of the company's profit or loss and the administration of the Board of Directors and the CEO of Anders Hedin Invest AB for 2015. Responsibilities of the Board of Directors and the CEO The Board is responsible for proposing adjustments to the company's gains and losses, and the Board and CEO are also responsible for its administration in accordance with the Swedish Companies Act. Liability of the Auditor My responsibility is to comment with reasonable confidence on the proposal for adjustments to the company's gains and losses and its administration, based on my audit. I have conducted the audit in compliance with accepted auditing standards. As basis for my opinion on the Board of Directors’ proposed appropriations of the company's profit or loss, I examined the Board's reasoned opinion and a selection of the data for this to determine whether the proposal is in accordance with the Swedish Companies Act. As basis for my opinion on discharge from liability, I have examined material decisions, activities and conditions of the company in order to assess whether any Board Member or the CEO is liable to the company, apart from my audit of the Annual Report and the Consolidated Financial Statement. I have also examined whether any Board Member or CEO has acted in violation of the Swedish Companies Act, the Annual Accounting Act or the Articles of Association. I believe the audit evidence I have examined has sufficient and adequate grounds for my statement. Statement I endorse that the AGM distributes the gains according to the proposal in the Management Report and grant the power of discharge for the fiscal year for the Board Members and CEO. Gothenburg, March 31, 2016 ANDERS HEDIN INVEST AB ANNUAL REPORT / 2015 103