Note 31 – Share capital, earnings per share and allocation of earnings
On December 31, 2019, the share capital comprised 46,999,032 (2018: 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, 2019, 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 2019 and 2018 financial years.
Dividends to the Parent Company’s shareholders are recognized as a liability in the Group’s financial statements after the Annual General Meeting has approved the dividend.
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:
| SEK m | 2019 | 2018 | ||
| MSEK | 2019 | 2018 | ||
| Bank loans | Income attributable to the equity holders of the Parent Company (SEK m) | Resultat hänförligt till moderbolagets aktieägare (MSEK) | 269 | 245 |
| Weighted average number of outstanding common shares (thousands) | Vägt genomsnittligt antal utestående stamaktier (tusental) | 46,999 | 46,999 | |
| Earnings per share, before and after dilution (SEK per share) | Resultat per aktie före och efter utspädning (kr per aktie) | 5.73 | 5.22 |
Allocation of earnings
| Retained earnings | Balanserat resultat | 1,495,699,632 | |
| Net income for the year | Årets resultat | 283,639,075 | |
| SEK | Kronor | 1,779,338,707 |