1、Annual report 2018ContentsH&M Conscious Exclusive,spring 2019.The collection is made of sustainable,innovative materials including Piatex,made from cellulosic fjbres extracted from pineapple leaves,BLOOM Foam,a plant-based fmexible foam using algae biomass and Orange Fiber,a silk-like fabric made fr

2、om citrus juice by-products and one of the previous winners of H&M Foundations Global Change Award.See more at .H&M Hennes&Mauritz ABs annual accounts and consolidated accounts for the fjnancial year 2017/2018 comprise pages 3674.H&M Group in brief 4Comments by our CEO 6Our brands 10H&M 11COS 12Week

3、day 12Monki 13H&M Home 13&Other Stories 14Afound 14ARKET 15Cheap Monday 15Markets and expansion 16Five year summary 18The H&M share 19Corporate governance report including the board of directors 20Auditors statement on the corporate governance report 34Administration report including sustainability

4、report 36Financial reports 46Group income statement 46Consolidated statement of comprehensive income 46Group balance sheet 48Group changes in equity 50Group cash fmow statement 51Parent company income statement 52Parent company statement of comprehensive income 52Parent company balance sheet 53Paren

5、t company changes in equity 54Parent company cash fmow statement 55Notes to the fjnancial statement 56Signing of the annual report 74Auditors report 75Calendar and contact details 78H&M GroupWe are a family of brands with a shared ambition to make great design available to everyone in a sustainable

6、way.Together we offer fashion,design and experiences that enable people around the world to be inspired and to express their own personal style.Our valuesWe are one teamWe believe in peopleEntrepreneurial spiritConstant improvementCost-consciousStraightforward and open-mindedKeep it simpleThe H&M gr