Note 20 – Share capital, earnings per share and allocation of earnings
On December 31, 2018, the share capital comprised 46,999,032 (2017: 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, 2018, 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 2018 and 2017 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:
| 2018 | 2017 | |
| Income attributable to the equity holders of the Parent Company (SEK m) | 245 | 329 |
| Weighted average number of outstanding common shares (thousands) | 46 999 | 46,999 |
| Earnings per share, before and after dilution (SEK per share) | 5.22 | 6.99 |
Allocation of earnings
The following earnings are at the disposal of the Annual General Meeting:
| Retained earnings | 1 476 455 243 |
| Net income for the year | 255 860 452 |
| SEK | 1 732 315 695 |
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 | 1 497 320 535 |
| SEK | 1 732 315 695 |