Saab 2011 Annual Report Download - page 135

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Saab is one of the world’s leading high-technology companies,
because of which its operations are distinguished by complex devel-
opment assignments on the cutting edge of technology. Over the
years, Saab has conducted signicant development projects and
managed the associated risks with great success. See also risks and
uncertainties in the annual report.
e Board of Directors’ proposed dividend amounts to  .
per share, corresponding to a total dividend of  . Unrestricted
equity amounts to  , in Saab  and prot carried forward in
the Group before the dividend paid amounts to  ,.
Net income for the year attributable to Parent Company’s share-
holders amounted to  , for the Group and  , for
the Parent Company.
Aer paying the dividend to the shareholders, the Group’s equity/
assets ratio amounts to . per cent, compared to the long-term
objective of  per cent. Since the  in , the equity/assets ratio
has risen from  per cent to  per cent in .
Saab’s gross capital expenditure in  amounted to  ,
which is considered a good approximation of annual future invest-
ments in tangible xed assets. Investments are also made in research
and development, which in  amounted to  ,, of which
  was capitalised in the balance sheet.
At year-end, Saab had a net cash position, which includes liquid
assets, short-term investments and interest-bearing recei v ables less
interest-bearing liabilities, including provisions for pensions,
amounted to  ,. Saab’s ability to carry out its commitments
is not aected by the proposed dividend either on a short- or
a long-term basis.
e proposed dividend is considered justiable with regard to what is
stated in chapter , § , paragraphs two and three of the Companies
Act (:):
. e demands that the company’s nature, scope and risks place on
the size of its equity, and
. e company’s consolidation needs, liquidity or nancial position
in other respects.
e Board of Directors of Saab 
DIVIDEND MOTIVATION
The Board of Directors’ statement according to chapter 18, § 4 of the Companies Act with regard to the proposed
dividend – Saab AB
SAAB ANNUAL REPORT 2011 131
FINANCIAL INFORMATION > DIVIDEND MOTIVATION