Volvo 1997 Annual Report Download - page 69

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67
Group
As shown in the consolidated balance sheet at
December 31, 1997, unrestricted equity amounted to
SEK 41,309 M (40,652). Of this amount, SEK 44 M
is estimated to be appropriated to restricted equity.
AB Volvo SEK M
Retained earnings brought forward 10,111
Net income for 1997 18,049
Total 28,160
The Board of Directors and the President propose
that the above sum be disposed of as follows:
To the shareholders, a dividend of SEK M
SEK 5.00 per share 2,208
Retained earnings to be carried forward 25,952
Total 28,160
Proposed disposition of unappropriated earnings
Our auditors’ report was issued on February 19, 1998
Ragne Billing Nils Brehmer
Authorized Public Accountant Authorized Public Accountant
Göteborg February 18, 1998
Håkan Frisinger
Per-Olof Eriksson Sören Gyll Tom Hedelius
Leif Johansson Sören Mannheimer Björn Svedberg
Lars-Göran Larsson Olle Ludvigsson Verner Pedersen