Getinge 2022 Annual Report

Getinge 2022 Annual Report Introduction Strategy Corporate Governance Annual Report Sustainability Report Other information Contents NOTE 1 Parent Company's accounting policies The financial statements of the Parent Company were prepared in accordance with the Swedish Annual Accounts Act and the Swedish Financial Reporting Board's recommendation RFR 2, Reporting of Legal Entities. In accordance with the regulations stipulated in RFR 2, in the annual financial statements for a legal entity, the Parent Company is to apply all of the IFRS/IAS regulations and statements that have been endorsed by the EU where possible within the framework of the Swedish Annual Accounts Act and with consideration of the link between accounting and taxation. The recommendation specifies which exceptions and additions are to be made from IFRS/IAS. Provisions conforming to IFRS/IAS are stated in Note 1 Accounting policies, for the consolidated financial statements. The Parent Company applies the accounting policies detailed for the Group with the exception of the following: Revenue recognition The recognized net sales in the parent company pertain revenues from sale of services to group companies. Revenue is recognized when the control of the service has been transferred to the group company, which is when the parent company incurs the associated cost to deliver the service and the receiver can benefit from the use of the delivered services. Remuneration to employees The Parent Company complies with the Swedish Pension Obliga- tions Vesting Act and directives from the Swedish Financial Super- visory Authority when calculating defined-benefit pension plans. Financial derivatives For derivatives, the exemption in RFR 2 pertaining to IFRS 9 is applied, meaning that measurement and recognition of financial instruments is based on cost pursuant to the Swedish Annual Accounts Act. Shares and participations Subsidiaries are recognized in accordance with the acquisition method, implying that holdings are recognized at cost in the bal- ance sheet less any impairment and with the addition of acquisition costs. Dividends from subsidiaries are recognized as dividend income. Group contributions Group contributions received and paid are recognized as appropria- tions according to the alternative rule in RFR 2. Operational leases All leasing agreements in the Parent Company are recognized as operational leases. NOTE 2 Depreciation/amortization according to plan SEK M 2022 2021 Equipment, tools, fixtures and fittings Intangible assets -1 -2 -5 -11 Total -6 -13 NOTE 3 Intangible assets Intangible assets, SEK M Opening cost 2022 2021 35 53 Sales/disposals -16 -18 Closing accumulated cost 19 35 Opening amortization -27 -29 Amortization for the year -5 -11 Sales/disposals 16 13 Closing accumulated amortization Closing carrying amount -16 -27 3 8 NOTE 4 Tangible assets Equipment, tools, fixtures and fittings, SEK M 2022 2021 118 Opening cost Sales/disposals Closing accumulated cost 6 11 Opening depreciation -5 Depreciation for the year -1 -2 2952 95 -5 -2 Sales/disposals 2 Closing accumulated depreciation -6 -5 Closing carrying amount 3 54

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