Volvo 2009 Annual Report Download - page 73

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Changes in consolidated Shareholders’ equity
Shareholders’ equity attributable to equity holders
of the parent company
SEK M Share
capital Other
reserves1
Translation
reserve Retained
earnings Total Minority
interests Total
equity
Balance at December 31, 2007 2,554 435 1,711 77,502 82,202 579 82,781
Income for the period – – – 9,942 9,942 74 10,016
Other comprehensive income
Translation differences – – 6,126 –6,126 23 6,149
Translation differences on hedge instruments of net
investments in foreign operations – – (414) –(414) –(414)
Accumulated translation difference reversed to income – – (82) –(82) –(82)
Available-for-sale investments: Note 15, 23
Gains/losses at valuation to fair value – (459) – – (459) –(459)
Change in hedge reserve Note 23 –(2,239) – – (2,239) (10) (2,249)
Other comprehensive income (2,698) (5,630) – 2,932 13 2,945
Total income for the period –(2,698) 5,630 9,942 12,874 87 12,961
Transactions with shareholders
Dividends – – – (11,15 0) (11,15 0) (54) (11, 2 04)
Share based payments Note 34 – – – 73 73 –73
Changes in minority interests – – – – – (62) (62)
Other changes – – – 11 11 80 91
Transactions with shareholders (11,0 6 6) (11,0 6 6) (36) (11,10 2)
Balance at December 31, 2008 2,554 (2,263) 7,341 76,378 84,010 630 84,640
Income for the period – – – (14,718) (14,718) 33 (14,685)
Other comprehensive income
Translation differences – – (1,252) –(1,252) 6(1,246)
Translation differences on hedge instruments of net
investments in foreign operations – – 159 –159 –159
Accumulated translation difference reversed to income – – (136) –(136) –(136)
Available-for-sale investments: Note 15, 23
Gains/losses at valuation to fair value – 86 – – 86 –86
Change in hedge reserve Note 23 –2,300 – – 2,300 13 2,313
Other comprehensive income for the period – 2,386 (1,229) –1,157 19 1,176
Total income for the period –2,386 (1,229) (14,718) (13,561) 52 (13,509)
Transactions with shareholders
Dividends – – – (4,055) (4,055) (15) (4,070)
Share based payments Note 34 – – – 4 4 – 4
Changes in minority interests – – – – – (2) (2)
Other changes – – – 7 7 (36) (29)
Transactions with shareholders (4,044) (4,044) (53) (4,097)
Balance at December 31, 2009 2,554 123 6,112 57,616 66,405 629 67,034
1 For specification of other reserves please see Note 23.
69