REC Silicon Annual Report 2019

Board of Directors 3
Letter from the CEO 4
Board of Directors’ report 6
Board of Directors’ report on corporate governance 19
Financial statements 27
REC Silicon Group 28
Consolidated statement of financial position 28
Consolidated statement of income 30
Consolidated statement of comprehensive income 31
Consolidated statement of changes in equity 32
Details of consolidated comprehensive income 33
Consolidated statement of cash flows 34
Index of the notes to the consolidated financial statements 35
Notes to the consolidated financial statements 36
REC Silicon ASA 80
Balance sheet (NGAAP) 80
Income statement (NGAAP) 82
Statement of cash flows (NGAAP) 83
Index of the notes to the financial statements 84
Notes to the financial statements 85
Auditor’s report 98
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