Changes in consolidated equity

Amounts in SEK M Share capital Other capital
contributions
Translation reserve Retained
earnings
Total
equity
 
2014
Equity, opening balance, January 1, 2014 102 11 16 498 627
Profit/loss for the year -73 -73
Other comprehensive income 7 7
Comprehensive income for the year 7 -73 -66
Rights issue 51 103 154
Change, treasury shares 0 0
Share Savings Scheme 0 0
Equity, closing balance, December 31, 2014 153 114 23 425 715
2015
Equity, opening balance, January 1, 2015 153  114  23  425  715 
Profit/loss for the year -169 -169
Other comprehensive income -5 -5
Comprehensive income for the year -5 -169 -174
Rights issue 107 137 244
Change, treasury shares
Share Savings Scheme
Equity, closing balance, December 31, 2015 260 251 18 256 785

Rights issue 2015

In the first half of 2015, a rights issue was completed. The rights issue amounted to SEK 260 M before transaction costs. Each existing share conveyed the right to one subscription right and two subscription rights conveyed the right to subscribe for five new shares. The Annual General Meeting approval of the rights issue was preceded by a resolution to reduce the Company’s share capital by SEK 77,778,256.68, from SEK 152,506,383.68 to SEK 74,728,128.00, without the withdrawal of shares, for allocation to non-restricted equity. Through the reduction of share capital, the shares’ quotient value is reduced from SEK 2.04 to SEK 1.00. The share capital was then restored through the rights issue. Through the issue, 185,474,367 new shares were issued and share capital increased by SEK 185,474,367.