Electrolux 2013 Annual Report Download - page 145

Download and view the complete annual report

Please find page 145 of the 2013 Electrolux annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 172

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172

Report on other legal and regulatory requirements
In addition to our audit of the annual accounts and consolidated
accounts, we have also audited the proposed appropriations of
the company’s profit or loss and the administration of the Board
of Directors and the President of AB Electrolux for the year
2013.
Responsibilities of the Board of Directors and the President
The Board of Directors is responsible for the proposal for appro-
priations of the company’s profit or loss, and the Board of Direc-
tors and the President are responsible for administration under
the Companies Act.
Auditor’s responsibility
Our responsibility is to express an opinion with reasonable
assurance on the proposed appropriations of the company’s
profit and on the administration based on our audit. We con-
ducted the audit in accordance with generally accepted audit-
ing standards in Sweden.
As a basis for our opinion on the Board of Directors’ pro-
posed appropriations of the company’s profit or loss, we exam-
ined the Board of Directors’ reasoned statement and a selection
of supporting evidence in order to be able to assess whether
the proposal is in accordance with the Companies Act.
As a basis for our opinion concerning discharge from liability,
in addition to our audit of the annual accounts and consolidated
accounts, we examined significant decisions, actions taken and
circumstances of the company in order to determine whether
any member of the Board of Directors or the President is liable
to the company. We also examined whether any member of the
Board of Directors or the President has, in any other way, acted
in contravention of the Companies Act, the Annual Accounts
Act or the Articles of Association.
We believe that the audit evidence we have obtained is suffi-
cient and appropriate to provide a basis for our opinion.
Opinions
We recommend to the annual meeting of shareholders that the
profit be appropriated in accordance with the proposal in the
statu tory administration report and that the members of the
Board of Directors and the President be discharged from liability
for the financial year.
Stockholm, February 21, 2014
PricewaterhouseCoopers AB
Anders Lundin Björn Irle
Authorized Public Accountant Authorized Public Accountant
Partner in Charge
143ANNUAL REPORT 2013