Volvo 2014 Annual Report Download - page 92

Download and view the complete annual report

Please find page 92 of the 2014 Volvo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 194

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194

Source: SIX
OMX Stockholm PI Index
Volvo B OMX Stockholm Industrial Goods & Services
Q2 Q3 Q4
70
110
Q1
100
90
80
Source: SIX
OMX Stockholm PI Index
Volvo B OMX Stockholm Industrial Goods & Services
10 11 12 13 14
40
60
80
120
100
The largest shareholders
in AB Volvo, December 311
Voting
rights, %
2014 2013
Industrivärden 22.0 20.2
Cevian Capital 13.4 11.0
Norges Bank
Investment
Management 6.2 6.3
SHB 2 5.8 5.8
Alecta 4.6 4.4
1 Adjusted for shares owned by AB Volvo,
which carry no voting rights at the AGM.
AB Volvo held 20,728,135 class A shares
and 78,353,598 class B shares compris-
ing in total 4.7% of the number of regis-
tered shares on December 31, 2014.
2 Comprises shares held by SHB, SHB
Pension Fund, SHB Employee Fund, SHB
Pensionskassa and Oktogonen.
Share capital, December 31, 2014
Registered number
of shares12,128,420,220
of which, Series A
shares2513,115,100
of which, Series B
shares31,615,305,120
Quota value, SEK 1.20
Share capital, SEK M 2,554
Number of
shareholders 237,871
Private persons 223,346
Legal entities 14,525
For further details on the Volvo share, see
note 19.
1 The number of outstanding shares was
2,029,338,487 on December 31, 2014.
2 Series A shares carry one vote each.
3 Series B shares carry one tenth of
a vote each.
Price trend, Volvo Series B shares, 2010–2014, SEK
Price trend, Volvo Series B shares, 2014, SEK
Ownership by country1Ownership categories1
More details on the
Volvo share and Volvo’s
holding of treasury
shares are provided in
note 19 to the fi nancial
statements and in the
Eleven-year summary.
Sweden 59%
United Kingdom 16%
The U.S. 11%
Malta 5%
Luxembourg 3%
Switzerland 1%
Others 5%
1 Share of capital, registered shares.
Non-Swedish owners 41%
Swedish insitutions 35%
Swedish private shareholders 12%
Swedish mutual funds 12%
1 Share of capital, registered shares.
The employees' ownership of shares in Volvo through pension foundations is insignificant.
BOARD OF DIRECTORS’ REPORT 2014 GROUP PERFORMANCE THE SHARE
88