PANDORA ANNUAL REPORT 2016
136 • STATEMENTS
MANAGEMENT
STATEMENT
Today, the Board of Directors and Executive Management have discussed and approved the Annual Report of PANDORA for
the financial year 1 January – 31 December 2016.
The Annual Report is prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the EU
and additional Danish disclosure requirements for listed companies.
In our opinion, the consolidated financial statements and the Parent Company financial statements give a true and fair view
of the Group’s and the Parent Company’s financial position at 31 December 2016 and of the results of the Group’s and the
Parent Company’s operations and cash flows for the financial year 1 January – 31 December 2016.
In our opinion, the Management’s Review includes a true and fair review of the development in the Group’s and the Parent
Company’s operations and financial conditions, of the results for the year and of the financial position of the Group and the
Parent Company, as well as a description of the more significant risks and uncertainty facing the Group and the Parent Company.
We recommend that the Annual Report be approved at the Annual General Meeting.
Copenhagen, 7 February 2017
Executive Management
Anders Colding Friis
Peter Vekslund
Chief Executive Officer
Chief Financial Officer
Board of Directors
Peder Tuborgh
Chairman
Christian Frigast
Allan Leighton
Anders Boyer-Søgaard
Deputy Chairman
Deputy Chairman
Andrea Alvey
Birgitta Stymne Göransson
Bjørn Gulden
Michael Hauge Sørensen
Per Bank
Ronica Wang