Contents
n
itrduct
SCA a a glance
.................................................................
apCEO’s essage
......................................................................
2the SCA share
........................................................................
4Sraegy
......................................................................................
6
brd Drctrs’ Rprt
n
SCa grup
Operaions and srucure
.................................................
12 Acquisiions, invesens and divesens
..........
13Oher Group inoraion
..................................................
14Sales and earnings
..............................................................
15Operaing cash ow
...........................................................
16Financial posiion
.................................................................
17Innovaion
................................................................................
18Brands
.......................................................................................
19
n
busss rs
Personal Care
........................................................................
20tissue
........................................................................................
28Fores Producs
....................................................................
36Pacaging
................................................................................
42
n
Rspslty d vrc
Corporae Governance
.....................................................
48Board o Direcors and Audiors
...................................
54Corporae Senior manageen tea
.......................
56Ris and ris anageen
.............................................
58Susainabiliy
..........................................................................
64
n
Fcl sttmts
Consolidaed incoe saeen
..................................
69Consolidaed saeen ocoprehensive incoe
....................................................
69Consolidaed saeen o changes in equiy
.......
70Consolidaed operaing cash ow saeen
.......
70Consolidaed cash ow saeen
.............................
71Consolidaed balance shee
..........................................
73Financial saeens, Paren Copany
...................
74Noes
..........................................................................................
76Proposed disposiion o earnings
............................
112 Audi repor
..........................................................................
113
n
SCa Dt
muli-year suary
........................................................
114Coens on he uli-year suary
.................
115Descripion o coss
........................................................
116Raw aerials, energy andranspor aciviies
............................................................
116Producion capaciy
........................................................
117Defniions and ey raios
.............................................
118Glossary
................................................................................
119 Annual General meeing andNoinaion Coiee
................................................
120Financial inoraion 2012–2013
.............................
120 Addresses
............................................................................
121
❯❯❯
Each year, SCA publishes a separaeSusainabiliy Repor ha is availablein English and Swedish in a prinedversion and a www.sca.co