The parent company TeliaSonera AB’s financial statements have been prepared in accordance with the Swedish Annual Reports Act, other Swedish legislation, and standard RFR 2 “Accounting for Legal Entities” and other statements issued by the Swedish Financial Reporting Board. The standard is applicable to Swedish legal entities whose equities at the end of the reporting period are listed on a Swedish stock exchange or authorized equity market place. In their consolidated financial statements such companies have to comply with the EU regulation on international accounting standards, while they still have to comply with the Annual Reports Act in their separate financial statements. RFR 2 states that as a main rule listed parent companies should apply IFRSs and specifies exceptions and additions, caused by legal provisions or by the connection between accounting and taxation in Sweden.
Measurement bases and significant accounting principles
With the few exceptions below, TeliaSonera AB applies the same measurement bases and accounting principles as described in Notes to consolidated financial statements (Note C3).
Amounts and dates
Unless otherwise specified, all amounts are in millions of Swedish kronor (SEK million) or other currency specified and are based on the twelve-month period ended December 31 for income statement and cash flow statement items, and as of December 31 for balance sheet items, respectively.
Recently issued accounting standards
For information relevant to TeliaSonera AB, see Notes to consolidated financial statements (corresponding section in Note C1).
Key sources of estimation uncertainty
For information relevant to TeliaSonera AB, see Notes to consolidated financial statements (Note C2).