Changes in consolidated equity
Amounts in SEK M | Share capital | Other capital contributions | Translation reserve | Retained earnings | Total equity |
2016 | |||||
Equity, opening balance, January 1, 2016 | 260 | 251 | 18 | 256 | 785 |
Profit/loss for the year | – | – | – | -20 | -20 |
Other comprehensive income | – | – | 6 | – | 6 |
Comprehensive income for the year | – | – | 6 | -20 | -14 |
Equity, closing balance, December 31, 2016 | 260 | 251 | 24 | 236 | 771 |
2017 | |||||
Equity, opening balance, January 1, 2017 | 260 | 251 | 24 | 236 | 771 |
Profit/loss for the year | – | – | – | 24 | 24 |
Other comprehensive income | – | – | 7 | 0 | 7 |
Comprehensive income for the year | – | – | 7 | 24 | 31 |
Equity, closing balance, December 31, 2017 | 260 | 251 | 31 | 260 | 802 |
Reverse share split 2016
The Annual General Meeting 2016 resolved on a reverse share split of the company’s shares, whereby 20 existing shares was consolidated into one new share (reverse share split 1:20). The reverse share split means that the total number of shares amount to 13,010,124 shares.