External reporting

Danske Bank Group publishes an annual report and three interim reports.

Immediately after submission to the Copenhagen Stock Exchange and its subsequent acknowledgement of receipt, the financial statements are published in Danish and English on the Group's Web sites.

Legislative foundation
The following lay the legal foundation for the Group's annual report:

• The International Financial Reporting Standards (IFRS)
• The Danish Financial Supervisory Authority's Executive Order on Bank Accounts (parent company)
• The Danish Financial Business Act
• The Copenhagen Stock Exchange guidelines for issuers of listed securities and Danish accounting standards, except where otherwise stipulated by Danish banking regulations.
  

The following lay the legal foundation for Danske Bank's half-year report:

• International Financial Reporting Standards (IFRS)
• The Executive Order (parent company)
• The Copenhagen Stock Exchange's rules

The first-quarter and third-quarter reports are regulated by the IFRS and the Copenhagen Stock Exchange's rules only.

The Group's Danish subsidiaries that are not subject to the Financial Business Act submit their accounts in accordance with the provisions of the Danish Accounts Act.

Read more about Danske Bank's IFRS reporting.
IFRS

Business unit reporting
The Group prepares accounts for its various business units. These accounts are used to manage and follow up on activities in separate business units - profit centres - and resource and staff units - cost centres.

The preparation of business unit accounts is based on the same income criteria and valuation principles that apply to the external accounts.

The business unit accounts make the earnings of individual profit centres visible.

Read more about Danske Bank's organisation.
Organisation

Last updated on May 5, 2008