Share 2017-09-21 16:02 RATOS B 38.40 SEK

Accounting principles and Alternative performance measures

From Ratos interim report January-June 2017

Ratos’s consolidated financial statements are prepared in accordance with the International Financial Reporting Standards (IFRS) and associated interpretations (IFRIC) as endorsed by the EU. This interim report was prepared in accordance with IAS 34, Interim Financial Reporting, and applicable provisions in the Swedish Annual Accounts Act. The parent company also applies RFR 2 Accounting for Legal Entities.

Reporting and measurement principles are unchanged compared with those applied in Ratos’s 2016 Annual Report. The following change has been made to the presentation form.

Amended presentation form for the consolidated statement of cash flows
To more clearly separate cash flows arising in operations conducted and the cash flows that relate to the financing of such operations, interest paid and interest received, which were previously included in operating activities, have been moved to financing activities (interest paid) and investing activities (interest received). Consequently, cash flow is based on operating profit instead of profit before tax, which was used in the past.

Alternative performance measures
To facilitate a comparison between periods and enable follow-up of the ongoing earnings and performance of the company portfolio, Ratos presents certain financial information that is not defined in accordance with IFRS. For a reconciliation of the alternative performance measures used in Ratos's financial reports with the most directly reconcilable IFRS-measures, please see the link below.

Alternative performance measures