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Annual
Report 2018
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Sandvik Group
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Year in brief
About Sandvik
CEO comment
Vision and strategy
Focus areas and outcome
Targets and target fulfillment
Trends and driving forces
Management and AGM
Board of Directors
Group Executive Management
Annual General Meeting
Financial targets
Key figures, Group total
Operations
Sandvik Machining Solutions
Strategy and technology
Business in 2018
Customers and new products
Customer case
Sandvik Mining and Rock Technology
Strategy and technology
Business in 2018
Customers and products
Customer case
Sandvik Materials Technology
Strategy and technology
Business in 2018
Customers and new products
Customer case
Responsibility
Code of Conduct
Compliance
Our people
Lisa Jiang
Hugo Nordell
Human rights
Health and Safety
Sustainable Supplier Management
Environment
Community engagement
Our share
Investment case
Dialogue with analysts
Directors’ report
Summary, Group total
Development in business areas
Sandvik Machining Solutions
Sandvik Mining and Rock Technology
Sandvik Materials Technology
Other Operations
Risk management
Sandvik risk universe
Sandvik Group key risks 2018
Corporate Governance Report
The Sandvik way
Ownership structure and AGM
Nomination committee
Board of Directors
Board committees
Group Executive Management, business areas and group functions
External auditor
Internal control over financial reporting
Financial information
Consolidated financial statements
Income statement
Balance sheet
Changes in equity
Cash flow statement
Parent Company financial statements
Income statement
Balance sheet
Changes in equity
Cash flow statement
Significant accounting policies
Notes
Note 1. Segment information
Note 2. Categories of revenue
Note 3. Personnel information and remuneration of management and auditors
Note 3.1 Average number of employees
Note 3.2 Wages, salaries, other remuneration and social costs
Note 3.3 Wages, salaries and other remuneration by market area
Note 3.4 Gender distribution in senior management
Note 3.5 Remuneration of the Board of Directors and senior executives
Note 3.6 Fees and remuneration to the Group’s auditors
Note 4. Research, development and quality assurance
Note 5. Other operating income
Note 6. Other operating expenses
Note 7. Operating expenses
Note 8. Fees for finance and operating leases
Note 9. Net financing cost
Note 10. Income tax
Note 11. Earnings per share
Note 12. Intangible assets and property, plant and equipment, Group
Note 13. Intangible assets and property, plant and equipment, Parent Company
Note 14. Shares in Group companies
Note 15. Investments in associated companies
Note 16. Non-current receivables and other current receivables
Note 17. Inventories
Note 18. Trade receivables
Note 19. Capital and reserves
Note 20. Provisions for pension and other non-current post-employment benefits
Note 21. Other provisions
Note 22. Non-current interest-bearing liabilities
Note 23. Other interest-bearing liabilities
Note 24. Other non-interest-bearing liabilities
Note 25. Accrued expenses and deferred income
Note 26. Contingent liabilities and pledged assets
Note 27. Supplementary information – financial risk management
Note 28. Related parties
Note 29. Supplementary information to the cash flow statement
Note 30. Acquisition and divestment of operations, discontinued operations and assets held for sale
Note 31. Parent Company particulars
Note 32. Information on shares, owners and rights
Note 33. Proposed appropriation of profits
Note 34. Events after the close of the period
Board statement on dividend proposal
Proposed appropriation of profits
Auditor’s report
Sustainability notes
Stakeholder dialogs
Strategy
Governance
Risks
Targets
Our offerings
Our operations
Key figures
United Nations Sustainable Development Goals
GRI content index
Reporting principles
Assurance report
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