Risk Assessment

Management continually analyses risks in respect of the company’s financial reporting. Risk assessments are integrated with the company’s business processes, where risks are continually analyzed and followed up.

Risk assessments of financial reporting are a part of and depend on the overall risk situation affecting the company as a whole. The company’s overall risks and the management of these are identified and presented in the Directors’ Report on pages 26-27 of the 2009 Annual Report. The Audit Committee plays an important role in risk assessment, since it reports observations in its focus areas and prepares matters for decisions by the Board.