Note 20 Shareholders' equity
Other contributed capital
Refers to equity contributed by shareholders.
|Foreign currency translation reserve
|Opening translation reserve
|Translation effect for the year
|Closing translation reserve
|Hedging reserve 2)
|Opening hedging reserve
|Revaluations recognised via other comprehensive income
|Recognised in profit or loss upon disposal (other operating income/expenses)
|Taxes attributable to the year’s revaluations
|Taxes attributable to disposals
|Closing hedging reserve
| 1) Refers to reserves attributable to equity holders of the Parent Company.
| 2) Relates to cash flow hedges, consisting of currency clauses in customer contacts
Foreign currency translation reserve
The translation reserve includes all exchange differences that
arise in translating financial reports of foreign operations
prepared in a currency other than the Group's presentation currency
for financial reports. The Parent Company and Group present their
financial reports in Swedish kronor (SEK).
The hedging reserve includes the effective portion of the
accumulated net change in fair value for a cash-flow hedging
instrument attributable to hedge transactions that have not yet
Retained earnings, including profit for the
Retained earnings including profit for the year include earnings
in the Parent Company and its subsidiaries. Prior provisions to the
legal reserve are included in this equity item.
Repurchased shares includes the acquisition cost of own shares
held in treasury by the Parent Company (known as treasury shares).
At the end of the reporting period, the Group's holding of treasury
shares was 986,800 (486,800).
After the reporting period, the Board of Directors proposed a
dividend of SEK 8.00 per share. The dividend is subject to approval
by the Annual General Meeting on 29 August 2012.
Restricted reserves are funds that cannot be paid out as
The purpose of the statutory reserve is to save a portion of net
profit that will not be used to cover a loss carried forward.
Retained earnings comprises the previous year's unrestricted
equity, less any provision to the statutory reserve and less any
dividend paid. Together with profit for the year and any fair value
reserve, retained earnings constitute the sum of unrestricted
equity, that is, the amount available to be paid as dividends to
Number of shares
The number of shares at 31 March 2012 consisted of 1,090,848
Class A shares, entitling the holders to 10 votes per share, and
21,641,984 Class B shares, entitling the holders to one vote per
share. The quotient value of the share is SEK 2.25. The Company has
repurchased 986,800 Class B shares, 500,000 of which during the
2011/2012 financial year, in the framework of the Company's ongoing
repurchase programme. After subtracting repurchased shares, the
number of Class B shares is 20,655,184 net.
|Number of shares outstanding
||Class A shares
||Class B shares
||All share classes
|At start of year
|Repurchase of treasury shares
|Conversion of Class A shares to Class B shares