Contents CEO STATEMENT The year 2002 in brief The President and CEO, Carl-Henric Svanberg Group development The ASSA ABLOY share ABOUT ASSA ABLOY ASSA ABLOY and the lock industry Strategy and financial objectives Management philosophy Increasing customer focus Customer value drives growth Environmental management Group integration ASSA ABLOY’S Board of Directors ASSA ABLOY’S Group Management Addresses COUNTRY SECTIONS Scandinavia Finland Central Europe South Europe United Kingdom North America South Pacific New Markets Hospitality Identification Door Automatics FINANCIAL INFORMATION Report of the Board of Directors Consolidated income statement-   and cash flow statement Consolidated balance sheet Parent Company income statement-   and cash flow statement Parent Company balance sheet Accounting and valuation principles Financial risk management Notes Audit report