Proposed appropriation of earnings

At the disposal of the Annual General Meeting:

 

SEK

Retained earnings

55,504,339,174

Net income

11,684,840,321

Total

67,189,179,495

 

The Board proposes that this sum be appropriated as follows:

 

SEK

SEK 3.00 per share ordinary dividend to
the shareholders

12,990,240,579

To be carried forward

54,198,938,916

Total

67,189,179,495

 

The dividend should be split and distributed into two equal tranches of SEK 1.50 each, one in April 2016 and one in October 2016. 

The Board of Directors has, according to Chapter 18 Section 4 of the Swedish Companies Act, assessed whether the proposed dividend is justified. The Board of Directors assesses that: 

  • The parent company’s restricted equity and the group’s total equity attributable to the shareholders of the parent company, after the distribution of profits in accordance with the proposal, will be sufficient in relation to the scope of the parent company’s and the group’s business. 
  • The proposed dividend does not jeopardize the parent company’s or the group’s ability to make the investments that are considered necessary. The proposal is consistent with the established cash flow forecast under which the parent company and the group are expected to manage unexpected events and temporary variations in cash flows to a reasonable extent. 

The full statement by the Board of Directors on the same will be included in the AGM documents. 

AGM related documents are available at: www.teliasonera.com/AGM

© TeliaSonera 2015
In the event of any differences between this online version of the Annual and sustainability report and the printed version, the printed version shall prevail.