Responsibility for the management of the company and its proper organization lies with the Board of Directors. In practice, it is the President and CEO ’s task to ensure the proper organization of the company’s internal supervision, risk management, internal audit and accounting supervision mechanisms, assisted by the Management team. The instructions and guidelines apply to the entire Group or to individual businesses.
The ompany’s financial progress is reviewed monthly through a Group-wide reporting system. This includes an income statement, balance sheet information, cash flow reports, key indicators, and events of importance to the company’s operations.