Volvo 1999 Annual Report Download - page 98

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96
Group
As shown in the consolidated balance sheet at December 31, 1999, unrestricted
equity amounted to SEK 82,490 M (48,307). No appropriation to restricted
equity is estimated to be made.
AB Volvo SEK M
Retained earnings 47,346
Net income 1999 18,547
Total 65,893
The Board of Directors and the President propose that the above sum be dis-
posed of as follows:
SEK M
To the shareholders, a dividend of SEK 7.00 per share 3,091
To be carried forward 62,802
Total 65,893
Göteborg, February 14, 2000
Lars Ramqvist
Per-Olof Eriksson ren Gyll Tom Hedelius
Leif Johansson Finn Johnsson ren Mannheimer
Lars-Göran Larsson O lle Ludvigsson Johnny Rönnkvist
Our audit report was issued on February 14, 2000
Olof Herolf Olov Karlsson
Authorized Public Accountant Authorized Public Accountant
PricewaterhouseCoopers PricewaterhouseCoopers
Proposed disposition of
unappropriated earnings