Accounting and Valuation Principles
The Annual Report has been prepared in accordance with the Swedish Annual
Accounts Act, RR (Redovisningsrådet, the Swedish Accounting Financial Standards
Council) recommendations and Emerging Issues Task Force statements. The
accounting principles applied are unchanged compared to the previous year.
Segment reporting
A segment is an identifiable part of the group in
accounting terms, which either supplies products or services (business
segments), or goods or services within a specified economic area (geographical
region), which is exposed to risks and opportunities that differ from other
segments. Pursuant to IAS 14, segment information is only submitted for the
group.
Business lines constitute the group's primary basis
for division and geographical regions are the
secondary segments.
Adoption of
IFRS
From
2005 the Beijer Electronics Group reports pursuant to IFRS, International Financial Reporting
Standards. Explanations of how the transfer from previous accounting principles to IFRS
have affected the group's financial position, profits and cash flows
are stated on page 54 in the Annual Report.
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