Volvo 2002 Annual Report Download - page 80

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78/79
Proposed disposition of unappropriated earnings
Auditors’ report
Proposed disposition of
unappropriated earnings
Group
As shown in the consolidated balance sheet at December 31, 2002, unrestricted equity amounted
to SEK 61,536 M (70,239). Of this amount, SEK 0 M is estimated to be appropriated to restricted
equity.
AB Volvo SEK M
Retained earnings 58,908
Net income 2002 (2,485)
Tot al 56,423
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 8.00 per share 3,356
To be carried forward 53,067
Tot al 56,423
Göteborg, February 6, 2003
Lars Ramqvist
Per-Olof Eriksson Louis Schweitzer Tom Hedelius
Leif Johansson Finn Johnsson
Patrick Faure Ken Whipple
Lars-Göran Larsson Olle Ludvigsson Johnny Rönnkvist
Our audit report was issued on February 6, 2003
Olof Herolf Olov Karlsson
Authorized Public Accountant Authorized Public Accountant
PricewaterhouseCoopers PricewaterhouseCoopers