A N N UA L R E P O R T
Corporate Governance Report
INFORMATION AND COMMUNICATION
Financial information is provided on a regular basis in the
following ways:
> Year-end and interim reports, which are published via press releases
> Annual reports
> Press releases on important news that could have a significant impact
on the company’s share price
> Presentations for financial analysts, investors and the media on the
same day that year-end and interim reports are published as well as in
connection with the publication of other important information
> Meetings with financial analysts and investors.
Guidelines for the financial reporting are communicated to employees
through targeted communication initiatives, regular information meetings
with the Group’s controllers and financial managers, and manuals,
Group-wide policies and codes that are published on the Group’s intranet.
Such information includes methodologies, instructions and practical
checklists, descriptions of roles and responsibilities, and overarching
timetables for, e.g., budgets, forecasts, monthly reports, quarterly bookclosings and work with the annual report. The CFO is responsible for
ensuring that information and training activities are conducted on an
ongoing basis with the heads of finance/accounting and administration
in the various business areas. The effectiveness of this communication
is followed up on a regular basis to ensure receipt of information. In
addition, formal and informal channels are in place for employees to
communicate important information with relevant recipients – ultimately
the Board of Directors where necessary. For communication with
external parties, an information policy lays out guidelines for how this
communication may take place. The aim of the policy is to ensure correct
and thorough compliance with all information obligations.
The Board monitors and ensures the quality of the financial reporting
through instructions governing the division of duties between the
President and the Board, instructions for financial reporting to the Board,
and through the information policy. The Audit Committee is responsible
for conducting preparatory work for the Board’s work with control
over the company’s financial reporting. In addition, the Board ensures
the quality of the financial reporting by thoroughly reviewing interim
reports, the year-end report and the annual report at board meetings. The
Board also reviews information about risk assessment, disputes and any
irregularities. The Board has delegated responsibility to the executive
management for ensuring the quality of press releases with financial
content as well as presentation material in connection with meetings the
media, owners and financial institutions.
FINANCIAL REPORTING AND INFORMATION
Addnode Group’s routines and systems for the issuance of information
aim to provide the market with relevant, reliable, correct and current
information about the Group’s performance and financial position.
Stockholm, 22 March 2016
Sigrun Hjelmquist
Chairman of the Board
Jan Andersson
Director
Kristofer Arwin
Director
Dick Hasselström
Director
Annika Viklund
Director
Thord Wilkne
Director
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