Note Shareholders’ equity
Note Borrowings
102
Group Parent
Non-current 2019 2018 2019 2018
Liabilities to banks and credit institutions 2,987 2,551 2,250 1,499
Total 2,987 2,551 2,250 1,499
Group Parent
Current 2019 2018 2019 2018
Liabilities to banks and credit institutions 870 661 - -
Total 870 661 - -
Maturity for non-current borrowing is as follows:
Group Parent
2019 2018 2019 2018
Between 1 and 5 years 2,566 2,033 2,250 399
More than 5 years 421 518 - 1,100
Total 2,987 2,551 2,250 1,499
21
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).
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 together with
the profit for the year. The total non-restricted equity is the
amount available for dividends to shareholders.
Proposed appropriation of profits
In accordance with the Swedish Companies Act, the Board
of Directors proposes appropriation of profits for the consideration
and approval of the Annual General Meeting of the
Shareholders.
20
The Board of Directors proposes that
the disposable profit brought forward SEK 4,966,288,349
and profit/loss for the year SEK 1,472,909,933
Total SEK 6,439,198,282
be appropriated as follows:
To be carried forward SEK 6,439,198,282
Total SEK 6,439,198,282