Saab 2010 Annual Report Download - page 128

We have audited the annual accounts, the consolidated accounts, the
accountiv ng records and the administration of the board of direc-
tors and the managing director of Saab  (publ) for the year .
e annual accounts and the consolidated accounts are included on
pages – in this document. e board of directors and the man-
aging director are responsible for these accounts and the administra-
tion of the company as well as for the application of the Annual
Accounts Act when preparing the annual accounts and the applica-
tion of international nancial reporting standards s as adopted
by the  and the Annual Accounts Act when preparing the consoli-
dated accounts. Our responsibility is to express an opinion on the
annual accounts, the consolidated accounts and the administration
based on our audit.
We conducted our audit in accordance with generally accepted
auditing standards in Sweden. ose standards require that we plan
and perform the audit to obtain reasonable assurance that the annual
accounts and the consolidated accounts are free of material misstate-
ment. An audit includes examining, on a test basis, evidence support-
ing the amounts and disclosures in the accounts. An audit also
includes assessing the accounting principles used and their applica-
tion by the board of directors and the managing director and signi-
cant estimates made by the board of directors and the managing
director when preparing the annual accounts and consolidated
accounts as well as evaluating the overall presentation of information
in the annual accounts and the consolidated accounts. As a basis for
our opinion concerning discharge from liability, we examined signif-
icant decisions, actions taken and circumstances of the company in
order to be able to determine the liability, if any, to the company of
any board member or the managing director. We also examined
whether any board member or the managing director has, in any
other way, acted in contravention of the Companies Act, the Annual
Accounts Act or the Articles of Association. We believe that our audit
provides a reasonable basis for our opinion set out below.
e annual accounts have been prepared in accordance with the
Annual Accounts Act and give a true and fair view of the company’s
nancial position and results of operations in accordance with gener-
ally accepted accounting principles in Sweden. e consolidated
accounts have been prepared in accordance with the international
nancial reporting standards s as adopted by the  and the
Annual Accounts Act and give a true and fair view of the group’s
nancial position and results of operations. e statutory adminis-
tration report is consistent with the other parts of the annual
accounts and the consolidated accounts.
We recommend to the annual meeting of shareholders that the
income statements and balance sheets of the parent company and the
income statement and the statement of nancial position for the
group be adopted, that the prot loss of the parent company be dealt
with in accordance with the proposal in the administration report
and that the members of the board of directors and the managing
director be discharged from liability for the nancial year.
AUDIT REPORT
To the Annual General Meeting of the shareholders of Saab AB (publ)
Corporate identity number 556036-0793
Linköping,16 February 2011
Ernst & Young AB
Erik Åström
Authorised Public Accountant
Deloitte AB
Tommy Mårtensson
Authorised Public Accountant
SAAB ANNUAL REPORT 2010 125
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