Changes in Equity – Parent Company
Amounts in SEK M | Share capital | Statutory reserve | Share premium reserve | Profit brought forward | Profit/loss for the year | Total equity |
2016 | ||||||
Equity, opening balance, January 1, 2016 | 260 | 31 | 240 | 308 | -224 | 615 |
Profit/loss brought forward from previous year | – | – | – | -224 | 224 | – |
Total transactions reported directly in equity | – | – | – | -224 | 224 | – |
Profit/loss for the year | – | – | – | – | -57 | -57 |
Other comprehensive income | – | – | – | – | – | – |
Comprehensive income for the year | – | – | – | – | -57 | -57 |
Equity, closing balance, December 31, 2016 | 260 | 31 | 240 | 84 | -57 | 558 |
2017 | ||||||
Equity, opening balance, January 1, 2017 | 260 | 31 | 240 | 84 | -57 | 558 |
Profit/loss brought forward from previous year | – | – | – | -57 | 57 | – |
Total transactions reported directly in Equity | – | – | – | -57 | 57 | – |
Profit/loss for the year | – | – | – | – | -1 | -1 |
Other comprehensive income | – | – | – | – | – | – |
Comprehensive income for the year | – | – | – | – | -1 | -1 |
Equity, closing balance, December 31, 2017 | 260 | 31 | 240 | 27 | -1 | 557 |
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.