PC14. Proposed disposition of earnings

Annual accounts 2015

Disposition of earnings, Parent Company

1)

Based on the number of outstanding shares at December 31, 2015. The amount of the dividend may change if any treasury share transactions are executed before the record date, April 18, 2016. The company’s equity would have been SEK 181,814,664 higher if assets and liabilities had
not been measured at fair value in accordance with Chapter 4, Section 14a of the Swedish Annual Accounts Act.

Non-restricted equity in the Parent Company:

 

retained earnings

39,151,023,032

net profit for the year

9,732,077,014

Total

48,883,100,046

 

 

The Board of Directors and the President propose:

 

to be distributed to shareholders, a dividend of SEK 5.75 per share

4,038,469,312 1)

to be carried forward

44,844,630,734

Total

48,883,100,046

Stockholm February 24, 2016

The Board of Directors and President declare that the consolidated financial statements have been prepared in accordance with the International Financial Reporting Standards adopted by the EU and that disclosures herein give a true and fair view of the Group’s financial position and results of operations. The Parent Company’s financial statements have been prepared in accordance with generally accepted accounting principles in Sweden and give a true and fair view of the Parent Company’s financial position and results of operations. The statutory Board of Directors’ Report provides a fair review of the Parent Company’s and Group’s operations, financial position and results of operations and describes material risks and uncertainties facing the Parent Company and the companies included in the Group.

Pär Boman
Chairman of the Board

Roger Boström
Board member,
appointed by the employees

Annemarie Gardshol
Board member

Leif Johansson
Board member

Bert Nordberg
Board member

Louise Julian Svanberg
Board member

Örjan Svensson
Board member,
appointed by the employees

Barbara Milian Thoralfsson
Board member

Thomas Wiklund
Board member,
appointed by the employees

Magnus Groth
President, CEO and Board member

Our audit report was submitted on March 21, 2016
PricewaterhouseCoopers AB

Mikael Eriksson
Authorized Public Accountant
Auditor in charge