Volvo 1998 Annual Report Download - page 94

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92
Group
As shown in the consolidated balance sheet at
December 31, 1998, unrestricted equity amoun-
ted to SEK 48,307 M (41,309). Of this amount,
SEK 5 M is estimated to be appropriated to
restricted equity.
AB Volvo SEK M
Retained earnings brought forward 25,951
Profit for the year 1998 24,044
Total 49,995
The Board of Directors and the President propose
that the above sum be disposed of as follows:
SEK M
To the shareholders, a dividend
of SEK 6.00 per share 2,649
Retained earnings to be carried
forward 47,346
Total 49,995
Göteborg, February 11, 1999
Håkan Frisinger
Per-Olof Eriksson Sören Gyll Tom Hedelius
Leif Johansson Finn Johnsson
Sören Mannheimer Lars Ramqvist
Lars-Göran Larsson Olle Ludvigsson Verner Pedersen
Our audit report was issued on February 16, 1999
Olof Herolf Olov Karlsson
Authorized Public Accountant Authorized Public Accountant
PricewaterhouseCoopers PricewaterhouseCoopers
PROPOSED DISPOSITION OF UNAPPROPRIATED EARNINGS