1、annual report2012T-shirt 9.95Linne 149:-Vest 14.95CONTENTS71012162832364348484950515252535455567071728486878890This is H&M values,business concept and goalsCEO letter2012 in briefOur collectionsSustainability our responsibilityOur employeesExpansion stores and online Administration Report including

2、proposed distribution of earningsGroup Income StatementGroup Statement of Comprehensive Income Group Balance SheetGroup Changes in Equity Group Cash Flow StatementParent Company Income StatementParent Company Statement of Comprehensive IncomeParent Company Balance SheetParent Company Changes in Equi

3、tyParent Company Cash Flow StatementNotes to the Financial StatementsSigning of the Annual Report Auditors reportCorporate Governance Report including information about the Board of DirectorsAuditors Statement on the Corporate Governance Report Five year summaryThe H&M shareH&Ms historyFinancial inf

4、ormation and contact detailsH&M in WORDS and PICTURESH&M in FIGURESH&Ms Annual Accounts and Consolidated Accounts for the financial year 2011/12 comprise pages 4370.Sweater 19.956FASHION and QUALITY at the BEST PRICEOur business conceptH&M is guided by strong values based on fundamental respect for

5、the individual and belief in each persons ability to show initiative.Together,over 104,000 employees form a designdriven,creative and responsible global fashion company with a passion for fashion and an ambition to always exceed customer expectations.A drive for constant improvement is also part of

6、the H&M spirit that has existed since the first store opened in 1947.H&Ms business concept is to offer fashion and quality at the best price.H&M should always have the best customer offering in each and every market.The collections are wideranging and varied,offering women,men,teenagers and children