RELATED PARTY TRANSACTIONS
NOMINATION COMMITTEE
Lease agreements exist with related companies. Associated
companies to the CEO have purchased merchandise and received
compensation for consultancy services performed. In addition,
there are transactions with related parties at immaterial values. All
transactions have been made on market terms.
The nomination committee for the board election at the 2020
Annual General Meeting is:
Arne Lööw, representantive of Fjärde AP-fonden
Torsten Jansson, CEO and representative of
Torsten Jansson Förvaltnings AB
Ulf Hedlundh, representantive of Svolder
THE PARENT COMPANY
Total revenue for the quarter amounted to SEK 38.9 (42.0) million.
Result before appropriations and tax amounted to SEK 45.6 (89.5)
million. The decrease is attributable to lower net income from
shares in Group companies. Net debt amounted to SEK 2,074.2
(1,725.3) million. The Parent Company's net financing for Group
companies amounted to SEK 2,060.9 (1,665.6) million. Cash
flow from investing activities amounted to SEK 0.0 (-55.1) million
where last year included long-term loans to Group companies of
SEK -50.1 million. The total assets amounted to SEK 4,730.8
(4,368.0) million and equity, including the equity portion of
untaxed reserves, amounted to SEK 2,099.4 (1,961.7) million. For more information about the nomination committee and its
work, please see www.nwg.se.
Total income for the period January-December amounted to
SEK 140.4 (145.6) million. Result before appropriations and tax
amounted to SEK 213.9 (151.1) million. The improved result is
attributable to dividends from Group companies. Cash flow from
investing activities amounted to SEK -9.9 (-86.6) million. Last
year included a net capital contribution to Group companies of
SEK -39.5 million and long-term loans to Group companies of
SEK -50.1 million.
CALENDAR
ANNUAL GENERAL MEETING
The Annual General Meeting will be held on May 13 at 1.00 p.m.
CET in Kosta. The annual report is scheduled to be available on
April 17 at the company’s headquarters in Gothenburg, Sweden.
DIVIDEND
The Group's dividend policy is that 40 % of the Group's net profit
will be distributed over a business cycle. The Board has decided
to propose to the AGM a dividend of SEK 2.20 (2.00) per share,
amounting to SEK 146.0 (132.7) million. This proposal corres-
ponds to 39 (37) % of the year’s net income
12
22 APR Interim report for the first quarter
13 MAY Annual General Meeting 2020
20 AUG Interim report for the second quarter
6 NOV Interim report for the third quarter