Comment on the Swedish Financial Supervisory Authority´s investigation of SBB´s application of international accounting standards
Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB” or the ”Company”) has had an ongoing dialogue with the Council for Swedish Financial Reporting Supervision (the “Council”) and has been informed that the Council has submitted a matter to the Swedish Financial Supervisory Authority (the “SFSA”). The review by the Council was disclosed in SBB’s annual reports 2021 and 2022. The investigation covers certain valuations of properties and acquisitions that are reported in the annual reports for the financial years 2021 and 2020, respectively, which have been audited by the Company’s auditor.