Note 20 – Share capital, earnings per share and allocation of earnings

On December 31, 2017, the share capital comprised 46,999,032 (2016: 46,999,032) shares. Each share carries an entitlement to one vote. All shares registered on the balance sheet date are fully paid-up. On December 31, 2017, the quotient value of the shares was SEK 1.25 per share.

A specification of changes in equity is provided in the “Consolidated Statement of Changes in Equity“, which is presented immediately after the balance sheet.

Since Duni has had no outstanding convertible debentures or warrants, there has been no dilution of Duni shares in the 2017 and 2016 financial years.

Earnings per share, before and after dilution

Earnings per share before and after dilution are calculated based on the following income and number of shares:

2017 2016
Income attributable to the equity holders of the Parent Company (SEK m) 329 332
Weighted average number of outstanding common shares (thousands) 46 999 46 999
Earnings per share, before and after dilution (SEK per share) 6.99 7.06

Allocation of earnings

The following earnings are at the disposal of the Annual General Meeting:

Retained earnings 1 424 750 387
Net income for the year 284 193 250
SEK 1 708 943 637

The Board of Directors proposes that earnings be allocated as follows:

Dividend to the shareholders of SEK 5.00 per share, in total 234 995 160
Carry forward 1 473 948 477
SEK 1 708 943 637