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CHANGES IN CONSOLIDATED SHAREHOLDERS’ EQUITY
Shareholders’ equity attributable to equity holders of
the Parent Company
SEK M Share
capital Other
reserves1Translation
reserve Retained
earnings Total Minority
interests Total
equity
Balance at December 31, 2011 2,554 10 1,176 80,841 84,581 1,100 85,681
Effect of changes in accounting principles Note 1, 31 – 194 (199) (8,821) (8,826) – (8,826)
Adjusted opening balance at January 1, 2012 2,554 204 977 72,020 75,755 1,100 76,855
Income for the period – – – 11,160 11,160 219 11,378
Other comprehensive income
Translation differences on foreign operations – – (3,338) – (3,338) (57) (3,395)
Share of OCI related to Joint Ventures
and associated companies – – (191) – (191) – (191)
Accumulated translation differences reversed to income – – (118) – (118) – (118)
Available-for-sale investments: Note 5, 19 
 Gains/losses at valuation to fair value – 343 – – 343 – 343
Change incash fl ow hedge reserve Note 19 – 8 – – 8 – 8
Remeasurements of defi ned benefi t plans Note 20 – – – (2,234) (2,234) – (2,234)
Other comprehensive income for the period – 351 (3,647) (2,234) (5,530) (57) (5,587)
Total income for the period – 351 (3,647) 8,925 5,629 162 5,791
Transactions with shareholders
Dividends to shareholders – – – (6,083) (6,083) – (6,083)
Transactions with minority interests –– – ––––
Share based payments Note 27 – – – 90 90 – 90
Changes in minority interests –– – ––––
Other changes – 3 – 391 394 4 398
Transactions with shareholders – 3 – (5,602) (5,599) 4 (5,595)
Balance at December 31, 2012 2,554 558 (2,670) 75,343 75,785 1,266 77,051
Income for the period – – – 3,583 3,583 219 3,802
Other comprehensive income
Translation differences on foreign operations – – (1,672) – (1,672) 38 (1,634)
Share of OCI related to Joint Ventures
and associated companies – – (135) – (135) – (135)
Accumulated translation differences reversed to income – – 37 – 37 – 37
Available-for-sale investments: Note 5, 19
 Gains/losses at valuation to fair value – 470 – – 470 – 470
Change incash fl ow hedge reserve Note 19 – 9 – – 9 – 9
Remeasurements of defi ned benefi t plans Note 20 – – – 3,904 3,904 – 3,904
Other comprehensive income for the period – 479 (1,770) 3,904 2,613 38 2,651
Total income for the period – 479 (1,770) 7,487 6,196 257 6,453
Transactions with shareholders
Dividends to shareholders – – – (6,084) (6,084) (162) (6,246)
Transactions with minority interests – – – – – – –
Share based payments Note 27 – – – 94 94 – 94
Changes in minority interests – – – – – (35) (35)
Other changes – – – 41 41 7 48
Transactions with shareholders – – – (5,949) (5,949) (190) (6,139)
Balance at December 31, 2013 2,554 1,037 (4,440) 76,881 76,032 1,333 77,365
1 For specifi cation of other reserves, see Note 19.
116
FINANCIAL INFORMATION 2013
116