Swedish GAAP definition
Examples of Swedish GAAP in a sentence
All accounting terms not otherwise defined in this Agreement shall have the meanings assigned to them in accordance with Swedish GAAP where used in relation to the Stena AB Group or the consolidated position of the Stena International Group and Dutch GAAP where used in relation to SIBV and Swiss GAAP where used in relation to SSAG (whether or not such is indicated in this Agreement).
All assets owned by Hego and used in the Hego Business are reflected in the Hego Balance Sheet to the extent required by Swedish law and Swedish GAAP.
The Hego Financial Statements have been prepared in accordance with Swedish law and Swedish GAAP applied on a consistent basis throughout the periods presented and consistent with each other or as otherwise described therein.
Neither Hego nor any of its Subsidiaries has any Liabilities for unpaid Taxes other than (i) those reflected in the reserve for Tax liability set forth on the Hego Balance Sheet to extent required by Swedish GAAP; and (ii) those incurred following the Hego Balance Sheet Date in the ordinary course of business consistent with past practice.
The Hego Financial Statements fairly present the consolidated financial condition, operating results and cash flow of Hego and its Subsidiaries as of the dates, and for the periods, indicated therein, all in accordance with Swedish law and Swedish GAAP.