TeliaSonera’s Annual Report 2013
TeliaSonera’s Annual Report, Sustainability Report and Company Presentation 2013, respectively, are now available at TeliaSonera.com. The online reports can also be downloaded as printer friendly pdf-files.
The Auditors’ Report deviates from the standard format because the auditors’ state that they are unable to recommend whether the former CEO Lars Nyberg should, or should not, be discharged from liability for the financial year.
Statement by the Chair of TeliaSonera after Auditors’ Report
The Board makes the following statement;
“We have noted the auditors’ statement in the audit report regarding discharge of liability. This statement is a recommendation from the auditors to the shareholders and the recommendation in itself is not something that the Board should comment on.The auditors’ statement highlights some of the risks TeliaSonera faces and which are described inter alia in Note C34 in the Annual Report 2013. Among the risks listed are potential findings and conclusions from the review of certain of TeliaSonera’s transactions and agreements in Eurasia which is performed by the international law firm Norton Rose Fulbright. The law firm has reported its findings to the management and the board continuously during the course of its work and the review is expected to be finalized during March 2014. Some of the findings have already led to actions taken and TeliaSonera also continues its full cooperation with the Swedish prosecutor.”
Chair of the Board
TeliaSonera AB discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The information was submitted for publication at 8 a.m. CET on March 12, 2014.
Statements made in the press release relating to future status or circumstances, including future performance and other trend projections are forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of TeliaSonera.
TeliaSonera provides network access and telecommunication services in the Nordic and Baltic countries, the emerging markets of Eurasia, including Russia and Turkey, and in Spain. TeliaSonera helps people and companies communicate in an easy, efficient and environmentally friendly way. Our ambition is to be number one or two in all our markets, providing the best customer experience, high quality networks and cost efficient operations. TeliaSonera is also a leading wholesale provider who owns and operate one of the world’s most extensive fiber backbones. In 2013, net sales amounted to SEK 101.7 billion, EBITDA to SEK 35.6 billion and earnings per share to SEK 3.46. The TeliaSonera share is listed on NASDAQ OMX Stockholm and NASDAQ OMX Helsinki. Read more at www.teliasonera.com.