Restatement of SEB's 2004 accounts
On 3 May 2005, SEB will present its interim report for the first quarter of 2005, prepared in accordance with International Financial Reporting Standards (IFRS).
The main effects of the introduction of the new accounting standards have already been described in SEB's Annual Accounts and Annual Report. In order to facilitate the interpretation of the forthcoming interim report, the changed format and the restated figures for the quarterly results of 2004 is now available on www.sebgroup.com. Quarterly results, pro forma, for the years 2001 to 2003 will also be available on the website.
Please find enclosed a brief presentation of the main IFRS-related changes in SEB's financial accounts, as well as tables with bridges of the restatement of Equity, the Profit and Loss accounts and Balance Sheet as previously reported and restated according to IFRS.