Accounting principles

The consolidated accounts were prepared in accordance with International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB) and interpretations from the IFRS Interpretations Committee as adopted by the EU. Furthermore, the consolidated accounts were prepared in accordance with Swedish law and the Swedish Financial Reporting Board’s recommendation RFR1, Supplementary Accounting Rules for Corporate Groups.

Accounting principles Magnolia Bostad follows the IFRS standards approved by the EU. The interim report for the Group has been prepared in accordance with IAS 34 Interim Financial Reporting and the Annual Accounts Act. For the parent company, the interim report has been prepared in accordance with the Annual Accounts Act, which is in accordance with the provisions set out in RFR 2. Financial Reporting are provided as both notes and in other places in the interim report.

For more information on accounting principles, see NOTE 1 Accounting principles in Magnolia Bostad's Annual Report.