Volvo 2006 Annual Report Download - page 93

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Changes in consolidated Shareholders’ equity
Shareholders’ equity attributable to equity holders of the parent company
Other Translation Retained Minority Total
SEK M Share capital reserves reserve earnings Total interests equity
Balance at January 1, 2004 2,649 – – 69,666 72,315 217 72,532
Translation differences – – (151) – (151) (6) (157)
Translation differences on hedge instruments
of net investments in foreign operations – – 80 – 80 – 80
Net income recognised directly in equity – – (71) – (71) (6) (77)
Income for the period – – – 9,867 9,867 40 9,907
Total recognised income and
expense for the period – – (71) 9,867 9,796 34 9,830
Cash dividend – – – (3,356) (3,356) (9) (3,365)
Distribution of shares in Ainax AB to shareholders – – – (6,310) (6,310) – (6,310)
Repurchase own shares Note 23 – – – (2,532) (2,532) – (2,532)
Share based payments Note 34 – – – 14 14 – 14
Other changes – – – (1) (1) (13) (14)
Balance at December 31, 2004 2,649 – (71) 67,348 69,926 229 70,155
IFRS Transition effect IAS 39 – 1,007 – (659) 348 – 348
IAS 39 Financial guarantees, IFRIC 4 – – – (10) (10) – (10)
Balance at January 1, 2005 2,649 1,007 (71) 66,679 70,264 229 70,493
Translation differences – 24 3,543 – 3,567 24 3,591
Translation differences on hedge instruments
of net investments in foreign operations – – (220) – (220) – (220)
Available-for-sale investments: Note 15, 23
Valuation gains/(losses) taken to equity – 83 – – 83 – 83
Change in hedge reserve – (1,442) – – (1,442) – (1,442)
Net income recognised directly in equity – (1,335) 3,323 – 1,988 24 2,012
Income for the period – – – 13,054 13,054 54 13,108
Total recognised income and expense for the period – (1,335) 3,323 13,054 15,042 78 15,120
Cash dividend – – – (5,055) (5,055) (28) (5,083)
Repurchase own shares Note 23 – – – (1,764) (1,764) – (1,764)
Share based payments Note 34 – – – 23 23 – 23
Decrease of share capital Note 23 (95) – – 95 – – –
Other changes – – – (10) (10) (19) (29)
Balance at December 31, 2005 2,554 (328) 3,252 73,022 78,500 260 78,760
Translation differences – – (2,743) – (2,743) (20) (2,763)
Translation differences on hedge instruments
of net investments in foreign operations – – 149 – 149 – 149
Available-for-sale investments: Note 15, 23
Valuation gains/(losses) taken to equity – 383 – – 383 – 383
Change in hedge reserve Note 23 – 999 – – 999 – 999
Net income recognised directly in equity – 1,382 (2,594) 0 (1,212) (20) (1,232)
Income for the period – – – 16,268 16,268 50 16,318
Total recognised income and expense for the period – 1,382 (2,594) 16,268 15,056 30 15,086
Cash dividend – – – (6,775) (6,775) (7) (6,782)
Share based payments Note 34 – – – 159 159 – 159
Other changes in Nissan Diesel’s equity – – – (65) (65) – (65)
Other changes – (67) 19 77 29 1 30
Balance at December 31, 2006 2,554 987 677 82,686 86,904 284 87,188
Financial information 2006 89