Saab 2010 Annual Report Download - page 127

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e Board of Directors and the President propose that the unappro-
priated earnings in the Parent Company at disposal of the Annual
General Meeting, amounting to:
SEK
Retained earnings 2,813,836,892
Net income for the year 1,388,787,916
Total 4,202,624,808
Be disposed as follows:
To the shareholders, a dividend of SEK 3.50 per share 366,512,052
Funds to be carried forward 3,836,112,756
Total 4,202,624,808
Aer the proposed disposition, equity in the Parent Company will
be as follows:
SEK
Capital stock 1,746,405,504
Statutory reserve 542,471,135
Revaluation reserve 718,175,600
Retained earnings 3,836,112,756
Total 6,843,164,995
e company’s policy is to issue a dividend of – per cent of net
income over a business cycle. e Board of Directors and the President
propose that   (), or  . per share (.) be issued as a
dividend. Saabs equity/assets ratio is currently . per cent (.) and
aer the proposed disposition of earnings will be . per cent (.).
PROPOSED
DISPOSITION OF EARNINGS
The undersigned certify that the consolidated accounts and the annual report have been prepared in accordance with International Financial Reporting Standards
(IFRS), as adopted for use in the European Union, and generally accepted accounting principles, and give a true and fair view of the financial positions and results
of the Group and the Parent Company, and that the management report gives a fair review of the development of the operations, financial positions and results of
the Group and the Parent Company and describes substantial risks and uncertainties that the Group companies faces.
Linköping, 16 February 2011
Marcus Wallenberg
Chairman
Erik Belfrage Johan Forssell Sten Jakobsson George Rose
Board member Board member Board member Board member
Per-Arne Sandström Cecilia Stegö Chilò Åke Svensson Lena Treschow Torell
Board member Board member Board member Board member
Joakim Westh Catarina Carlqvist Stefan Andersson Conny Holm
Board member Board member Board member Board member
Håkan Buskhe
President and Chief Executive Officer (CEO)
Our audit report was submitted on 16 February 2011
Erik Åström Tommy Mårtensson
Authorised Public Accountant Authorised Public Accountant
124 SAAB ANNUAL REPORT 2010
FINANCIAL INFORMATION > DIVIDEND MOTIVATION