Saab 2012 Annual Report Download - page 103

NOTE 33 Shareholders’ Equity
e shares in the Parent Company are divided into two series,  and . Both
classes of shares carry equal rights, with the exception that each Series  share
is entitled to ten votes and each Series  share one vote. e shares have a
quota value of  .
Outstanding shares at
31 December 2012
Number of
shares
Per cent of
shares
Per cent of
votes
Series A 1,907,123 1.8 15.5
Series B 104,023,706 98.2 84.5
Total 105,930,829 100.0 100.0
Outstanding shares at
31 December 2011
Number of
shares
Per cent of
shares
Per cent of
votes
Series A 1,907,123 1.8 15.6
Series B 103,424,835 98.2 84.4
Total 105,331,958 100.0 100.0
Change in number of
outstanding shares 2012 Series A Series B Total
Number of outstanding shares at
1 January 1,907,123 103,424,835 105,331,958
Early share matching - 23,445 23,445
Share matching plan - 575,426 575,426
Number of outstanding shares at
31 December 1,907,123 104,023,706 105,930,829
In  no Series  shares were repurchased on the market to secure Saab’s
Share Matching Plan and Performance Share Plan. During the year, ,
shares were matched in Saab’s Share Matching Plan. A total of ,, shares
are held in treasury.
e dividend to shareholders amounted to   (), or  .
(.) per share.
Management of the Group’s capital
e Group’s capital under management consists of equity. e Group’s capital
management goal is to facilitate continued operating growth and to remain
prepared to capitalise on business opportunities. e long-term equity/asset
goal is at least  per cent.
Net result of cash flow hedges
e net result of cash ow hedges comprises the eective share of the cumu-
lative net change in fair value of a cash ow hedging instrument attributable
to hedge transactions that have not yet taken place.
Translation reserve
e translation reserve comprises exchange rate dierences that arise from
the translation of nancial reports from operations that have prepared their
reports in a currency other than the currency that the Group’s nancial
reports are presented in. e Parent Company and the Group present their
nancial reports in . e translation reserve at year-end amounts to
- (-). Of the translation reserve   (-) has been reclassied
to gains/losses.
Revaluation reserve
e revaluation reserve comprises the dierence between the fair value and car-
rying amount of operating properties reclassied as investment properties. Of
the revaluation reserve,   has been transferred to retained earnings
upon the sale of investment properties.
PARENT COMPANY
Restricted reserves
Restricted reserves may not be reduced through prot distributions.
Revaluation reserve
When a tangible or nancial xed asset is revaluated, the revaluation amount
is allocated to a revaluation reserve.
Legal reserve
Provisions to the legal reserve have previously amounted to at least  per
cent of net income for the year, until the legal reserve corresponded to  per
cent of the Parent Company’s capital stock. As of  provisions are volun-
tary and the Parent Company makes no provisions to the statutory reserve.
Unrestricted equity
Retained earnings
Consists of previous year’s unrestricted equity aer prot distribution and
Group contributions paid. Retained earnings together with net income for
the year comprise unrestricted equity, i.e., the amount available for distribu-
tion to the shareholders.
FINANCIAL INFORMATION > NOTES
SAAB ANNUAL REPORT 2012 99