Saab 2015 Annual Report Download - page 119

AUDITOR’S REPORT
REPORT ON THE ANNUAL ACCOUNTS AND
CONSOLIDATED ACCOUNTS
We have audited the annual accounts and consoli-
dated accounts of Saab AB for the year 2015, except
for the corporate governance statement on pages
48–56. e annual accounts and consolidated
accounts of the company are included in the printed
version of this document on pages 34–114.
Responsibilities of the Board of Directors and
the Managing Director for the annual accounts
and consolidated accounts
e Board of Directors and the Managing Director
are responsible for the preparation and fair presenta-
tion of these annual accounts in accordance with the
Annual Accounts Act and of the consolidated
accounts in accordance with International Financial
Reporting Standards , as adopted by the EU, and the
Annual Accounts Act, and for such internal control
as the Board of Directors and the Managing Director
determine is necessary to enable the preparation of
annual accounts and consolidated accounts that are
free from material misstatement, whether due to
fraud or error.
Auditor’s responsibility
Our responsibility is to express an opinion on these
annual accounts and consolidated accounts based
on our audit. We conducted our audit in accordance
with International Standards on Auditing and gen-
erally accepted auditing standards in Sweden. ose
standards require that we comply with ethical
requirements and plan and perform the audit to
obtain reasonable assurance about whether the
annual accounts and consolidated accounts are free
from material misstatement.
An audit involves performing procedures to
obtain audit evidence about the amounts and
disclosures in the annual accounts and consolidated
accounts. e procedures selected depend on the
auditor’s judgement, including the assessment of the
risks of material misstatement of the annual
accounts and consolidated accounts, whether due
to fraud or error. In making those risk assessments,
the auditor considers internal control relevant to
the company’s preparation and fair presentation of
the annual accounts and consolidated accounts in
order to design audit procedures that are appropri-
ate in the circumstances, but not for the purpose
of expressing an opinion on the eectiveness of the
company’s internal control. An audit also includes
evaluating the appropriateness of accounting
policies used and the reasonableness of accounting
estimates made by the Board of Directors and the
Managing Director, as well as evaluating the overall
presentation of the annual accounts and consoli-
dated accounts.
We believe that the audit evidence we have
obtained is sucient and appropriate to provide
a basis for our audit opinions.
Opinions
In our opinion, the annual accounts have been
prepared in accordance with the Annual Accounts
Act and present fairly, in all material respects, the
nancial position of the parent company as of
31 December 2015 and of its nancial performance
and its cash ows for the year then ended in accord-
ance with the Annual Accounts Act. e consoli-
dated accounts have been prepared in accordance
with the Annual Accounts Act and present fairly, in
all material respects, the nancial position of the
group as of 31 December 2015 and of their nancial
performance and cash ows for the year then ended
in accordance with International Financial Report-
ing Standards, as adopted by the EU, and the
Annual Accounts Act. Our opinions do not cover
the corporate governance statement on pages 48–56.
e statutory administration report is consistent
with the other parts of the annual accounts and
consolidated accounts.
We therefore recommend that the annual meet-
ing of shareholders adopt the income statement and
balance sheet for the parent company and the group.
To the annual meeting of the shareholders of Saab AB,
corporate identity number 556036-0793
SAAB ANNUAL REPORT 2015 – 115