FINANCIAL INFORMATION
THE GROUP
NOTE 27 CONTINGENT LIABILITIES
SEK million
Duty guarantees
Rent guarantees
PRI
Other guarantees
Guarantees for associated companies
Total
2017
16.3
104.8
2.0
1.9
6.0
131.0
2016
15.6
0.0
2.0
0.4
6.0
24.1
NOTE 28 ADJUSTMENT FOR
ITEMS NOT INCLUDED IN CASH FLOW
SEK million
Depreciation and write downs of tangible and intangible fixed assets
Depreciation as a part of production costs/goods for resale
Other items
Total
2017
65.3
11.4
-0.3
76.4
2016
55.9
10.3
-10.0
56.2
NOTE 29 CLASSIFICATION OF EQUITY
SHARE CAPITAL
Share capital includes the registered share capital for the parent company. Share capital
consists of 19 707 680 class A shares (quoted value SEK 3.00) and 46 635 863 class B shares
(quoted value SEK 3.00).
OTHER CAPITAL CONTRIBUTIONS
Other capital contributions include the total transactions that New Wave Group AB has
had with the shareholders. Transactions that have taken place are premium share issues. The
amount that is included in other capital contributions is therfore fully equivalent to capital
received in addition to the nominal amount from the share issue.
RESERVES
Reserves consist of translation differences in foreign subsidiaries and fair value changes
regarding financial instruments which are a part of cash flow hedge.
RETAINED EARNINGS INCLUDING NET RESULT FOR THE YEAR
Retained earning are equivalent to the accumulated profit and loss generated by the Group in
total, after the deduction of paid dividends.
CAPITAL MANAGEMENT
Group equity amounted to SEK 3 029.2 million (SEK 2 817.2 million) at the end of the year.
New Wave Group’s financial strategy is to create safe financial conditions for the Group’s
operations and development. The return on equity is a highly significant measure. At the end
of 2017, the return on equity amounted to 12.2 (10.4) % with an equity ratio of 50.9 (48.4) %.
New Wave Group’s dividend policy means that the dividends to the shareholders will be equi-
valent to 40% of Group profits over an economic cycle. The Board proposes a dividend of SEK
1.70 (1.35) per share, corresponding to SEK 112.8 million (SEK 89.6 million) or 32 (32) % of
the Group’s result for the year.
NWG 2017 | 89