Note Tax expenses
Income tax liabilities and tax assets
In addition to deferred tax assets and liabilities, AAK has the following current tax liabilities and tax receivables:
2018 2017 2018 2017
Current tax liabilities -393 -389 0 0
Current tax receivables 305 257 7 8
Income tax liabilities/tax assets -88 -132 7 8
Note Earnings per share
Earnings attributable to shareholders of the Parent (SEK million) 1,322 1,194
Weighted average number of ordinary shares in issue 253,730,934 253,730,934
Earnings per share before and after dilution, SEK 5.21 4.71
Earnings per share are calculated for 2018 based on net profit for the year attributable to shareholders in the Parent – SEK 1,322 million (1,194) – and on a weighted average number of ordinary
shares in issue of 253,730,934 (253,730,934). The weighted average number of ordinary shares and earnings per share are recalculated in accordance with the decided share split (6:1) by the
Annual General Meeting on May 30, 2018.
Note Events after the balance sheet date
In February 2019 AAK acquired Dutch company
MaasRefinery B.V., specialized in toll refining of vegetable oils
and fats for the food industry. The company has a capacity of
40,000 MT and had revenues of SEK 50 million in 2018 and
has 20 full-time employees.
In March 2019 British foodservice company BD Foods was
acquired. The company is a producer of tailor-made restaurant
quality meal accompaniments and had revenues of SEK
120 million in 2018 and has 100 employees.
For the 2018 financial year, the Board of Directors propose
the distribution of a dividend in the amount of SEK 1.85 per
share. A decision will be made at the Annual General Meeting
on May 15, 2019. It is proposed that the record date for the
dividend will be May 17 and the dividend is expected to be
distributed to shareholders by May 22.