1、Annual report 2019ContentsH&M Group in brief 4Comments by our CEO 8Our brands 12H&M 13H&M HOME 14Weekday 14COS 15&Other Stories 16Sellpy 16Afound 16ARKET 17Monki 17Markets and expansion 18Five year summary 20The H&M share 21Corporate governance report including the board of directors 22Auditors stat

2、ement on the corporate governance report 36Administration report including sustainability report 39Financial reports 52Group income statement 52Consolidated statement of comprehensive income 52Group balance sheet 54Group changes in equity 56Group cash flow statement 57Parent company income statement

3、 58Parent company statement of comprehensive income 58Parent company balance sheet 59Parent company changes in equity 60Parent company cash flow statement 61Notes to the financial statement 62Signing of the annual report 81Auditors report 83Calendar and contact details 86H&M Hennes&Mauritz ABs annua

4、l accounts and consolidated accounts for the financial year 2018/2019 comprise pages 3981.H&M Spring Fashion 2020.Dresses are in focus in H&Ms new spring collection,where at least 50 percent of the materials aresustainably sourced.Some of the dresses are made of 100 percent organic cotton,while othe

5、rs include fabrics such as recycled polyester or Tencel?branded lyocell arenewable cellulose fibre.See the whole collection and read more about the sustainability work of the H&M group .4H&M GroupWe are a family of brands driven by our desire to make great design available to everyone in a sustainab

6、le way.Together we offer fashion,design and services,that enable people to be inspired and to express their own personal style,making it easier to live in a more circular way.Climate positive value chainThe H&M group aims to be climate posi-tive throughout our value chain by 2040.The main priorities