Note Shareholders’ equity
96
Parent company
Share capital
In accordance with the articles of association for AAK AB,
share capital shall be a minimum of SEK 300 million and
a maximum of SEK 1,200 million. All shares are fully paid
and entitle the holder to equal voting rights and shares in
Company assets. Share capital consists of 253,730,934
shares (253,730,934) at a quota value of SEK 1.67 per share,
and shareholder equity of SEK 422,884,890 (422,884,890). In
June, the number of shares and votes in AAK AB increased
as a result of the share split (6:1) resolved upon by AAK AB’s
Annual General Meeting on May 30, 2018.
Statutory reserve
The statutory reserve refers to a reduction of the share capital
carried out previously.
Retained profit
Retained profit includes non-restricted equity from the
previous year after any dividend distribution. This comprises
profit for the year and subscription warrants, total non-
restricted equity, i.e. the amount available for dividends to
shareholders.
Dividend
In accordance with the Swedish Companies Act, the Board of
Directors proposes payment of a dividend, for the consideration
and approval of the Annual General Meeting of the
Shareholders. The proposed dividend for payment in 2019
is SEK 469 million (SEK 1.85 per share), which has not yet
been considered by the Annual General Meeting. This amount
is not recognized as a liability.
Proposed appropriation of profits
The Board of Directors propose that
the disposable profit brought forward SEK 3,074,947,829
and profit/loss for the year SEK 2,110,742,748
Total SEK 5,185,690,577
be appropriated as follows:
To be distributed to shareholders, a dividend of SEK 1.85 per share SEK 469,402,228 1)
To be carried forward SEK 4,716,288,349
Total SEK 5,185,690,577
1) Calculated on the number of outstanding shares as at the balance sheet date.
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