Saab 2014 Annual Report Download - page 135

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e Board of Directors and the President propose that the unappropriated
earnings in the Parent Company at disposal of the Annual General
Meeting, amounting to:
SEK
Retained earnings 4,316,051,025
Net income for the year 1,170,368,245
Total 5 486 419 270
To be disposed as follows:
To the shareholders, a dividend of SEK 4.75 per share 501,124,905
Funds to be carried forward 4,985,294,365
Total 5 486 419 270
Aer the proposed disposition, equity in the Parent Company will be
as follows:
SEK
Capital stock 1,746,405,504
Statutory reserve 542,471,135
Revaluation reserve 694,160,012
Retained earnings 4,985,294,365
Total 7,968,331,016
e company’s policy is to issue a dividend of 20–40 per cent of net
income over a business cycle. e Board of Directors and the President
propose that MSEK 501 (479), or SEK 4.75 per share (4.50) be issued as a
dividend. is has been calculated based on the amount of outstanding
shares on 31 December 2014, of 105,499,980. Saab’s equity/assets ratio
is currently 38.5 per cent (44.0) and aer the proposed disposition of
earnings will be 37.4 per cent (43.0)
REPORTS
PROPOSED DISPOSITION OF EARNINGS 2014
e undersigned certify that the consolidated accounts and the annual report have been prepared in accordance with International Financial Reporting
Standards (IFRS), as adopted for use in the European Union, and generally accepted accounting principles, and give a true and fair view of the nancial
positions and results of the Group and the Parent Company, and that the management report gives a fair review of the development of the operations,
nancial positions and results of the Group and the Parent Company and describes substantial risks and uncertainties that the Group companies faces.
Linköping 16 February 2015
Marcus Wallenberg
Chairman
Johan Forssell Sten Jakobsson Sara Mazur
Board member Deputy Chairman Board member
Per-Arne Sandström Cecilia Stegö Chilò Lena Treschow Torell Joakim Westh
Board member Board member Board member Board member
Stefan Andersson Catarina Carlqvist Conny Holm
Board member Board member Board member
Håkan Buskhe
President and Chief Executive Ocer (CEO) and board member
Our audit report was submitted on 20 February 2015
PricewaterhouseCoopers AB
Håkan Malmström Anna-Clara af Ekenstam
Authorised Public Accountant Authorised Public Accountant
Auditor in charge
SAAB ANNUAL REPORT 2014 – 131