Electrolux 2014 Annual Report Download - page 133

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Report on other legal and regulatory requirements
In addition to our audit of the annual accounts and con-
solidated accounts, we have also audited the proposed
appropriations of the company’s profit or loss and the admin-
istration of the Board of Directors and the President of AB
Electrolux for the year .
Responsibilities of the Board of Directors
and the President
The Board of Directors is responsible for the proposal for
appropriations of the company’s profit or loss, and the Board
of Directors and the President are responsible for administra-
tion under the Companies Act.
Auditor’s responsibility
Our responsibility is to express an opinion with reasonable
assurance on the proposed appropriations of the compa-
ny’s profit and on the administration based on our audit. We
conducted the audit in accordance with generally accepted
auditing standards in Sweden.
As a basis for our opinion on the Board of Directors’
proposed appropriations of the company’s profit or loss,
we examined 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 liabil-
ity, in addition to our audit of the annual accounts and con-
solidated accounts, we examined significant decisions, actions
taken and circumstances of the company in order to deter-
mine 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
sufficient 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 , 
PricewaterhouseCoopers AB
Anders Lundin Anna Rosendal
Authorized Public Accountant Authorized Public Accountant
Partner in Charge
ELECTROLUX ANNUAL REPORT 