42
The Board of Directors therefore considers that the Company and
the Group are prepared for likely changes to liquidity, as well as
unforeseen events. In addition, the Board of Directors has considered
other known circumstances that may materially affect the
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has arisen that makes the proposed dividend distribution appear
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It is proposed that the record date for the dividend be June 1,
2018, and it is estimated that the dividend will be received by the
shareholders on June 7, 2018.
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7KH%RDUGRI'LUHFWRUVDQG&KLHI(HFXWLYH2I¿FHUSURSRVHWKDW
7KHGLVSRVDEOHSUR¿WEURXJKWIRUZDUG SEK 3,444,859,746
DQGSUR¿WORVVIRUWKH\HDU 6(.
Total SEK 3,435,532,596
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To be distributed to shareholders, a dividend
of SEK 9.75 per share SEK 412,312,768 1)
To be carried forward SEK 3,023,219,828
Total SEK 3,435,532,596
1) Calculated on the number of outstanding shares as at the
balance sheet date.
The Group’s and the Parent’s income statements and balance
sheets will be presented to the Annual General Meeting on May 30,
2018 for adoption.
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WKHSUR¿WIRUWKH¿QDQFLDO\HDULV6(.PLOOLRQIRUWKH
Group). Provided that the 2018 Annual General Meeting approves
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million will be carried forward. The Company’s restricted equity will
be fully covered after distribution of the dividend.
In the Board’s judgment, the Company and the Group will retain
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relation to the nature, scope and risks associated with its business
operations. In making this assessment, the Board has taken
account of the historical development of the Company and the
Group, budgeted performance and the economic situation.
In the view of the Board, the Company and the Group are in a
position and have the capacity, in both the short and long terms, to
meet all their obligations. The proposed dividend represents a total
of 11 percent of the Company’s equity and 5 percent of the Group’s
equity attributable to the Parent’s shareholders.
After payment of the dividend, the equity/assets ratio of the
Company and the Group will be 69 percent and 44 percent,
respectively. These ratios are good in relation to other businesses
in our industry. The Board of Directors judges that the Company
is in a good position to meet future business risks as well as
withstand possible losses. Distribution of the dividend will not
nega tively affect the ability of the Company and the Group to
make further investments as planned by the Board of Directors.
The proposed dividend distribution will have a temporary
negative effect on the Company’s and Group’s ability to meet
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VXI¿FLHQWDFFHVVWRERWKVKRUWDQGORQJWHUPFUHGLWWKDWFDQEH
obtained at short notice.