Saab 2013 Annual Report Download - page 123

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SAAB ANNUAL REPORT 2013 119
FINANCIAL INFORMATION > DIVIDEND MOTIVATION
Saab is one of the world’s leading high-technology companies,
because of which its operations are distinguished by complex devel-
opment assignments on the cutting edge of technology. Over the
years, Saab has conducted signicant development projects and
managed the associated risks with great success. See also risks and
uncertainties in the annual report.
e Board of Directors’ proposed dividend amounts to SEK .
per share, corresponding to a total dividend of MSEK . Unre-
stricted equity amounts to MSEK , in Saab AB and prot
carried forward in the Group before the dividend paid amounts to
MSEK ,.
Net income for the year attributable to Parent Company’s share-
holders amounted to MSEK  for the Group and MSEK  for the
Parent Company.
Aer paying the dividend to the shareholders, the Group’s equity/
assets ratio amounts to . per cent, compared to the long-term
objective of  per cent. Since the IPO in , the equity/assets ratio
has risen from  per cent to  per cent in .
Saab’s gross capital expenditure in  amounted to MSEK ,
which is considered a good estimation of annual future investments
in tangible xed assets. Investments are also made in research and
development, which in  amounted to MSEK ,, of which
MSEK  was capitalised in the balance sheet.
At year-end, Saab had a net liquidity, which includes liquid assets,
short-term investments and interest-bearing receivables less inter-
est-bearing liabilities, including provisions for pensions, amounting
to MSEK ,. Saab’s ability to carry out its commitments is not
expected to be aected by the proposed dividend either on a short-
or a long-term basis.
e proposed dividend is considered justiable with regard to what is
stated in chapter , § , paragraphs two and three of the Companies
Act (:):
. e demands that the company’s nature, scope and risks place on
the size of its equity, and
. e company’s consolidation needs, liquidity or nancial position
in other respects.
e Board of Directors Saab AB
DIVIDEND MOTIVATION
e Board of Directors’ statement according to chapter , §  of the Companies Act with regard to the proposed dividend – Saab AB