Change in consolidated equity
|
|
Attributable to equity holders of the company |
|
|
||||
|---|---|---|---|---|---|---|---|
| SEKm | Share capital |
Other paid-in capital |
Other reserves | Retained earnings | Total | Non-controlling interests | Total equity |
| Opening balance, January 1, 2012 | 1,545 | 2,905 | 324 | 15,761 | 20,535 | 109 | 20,644 |
| Changes in acccounting policy1) | - | - | - | -2,998 | -2,998 | - | -2,998 |
| Restated opening balance, January 1, 2012 | 1,545 | 2,905 | 324 | 12,763 | 17,537 | 109 | 17,646 |
|
Income for the period |
- |
- |
- |
2,362 |
2,362 |
3 |
2,365 |
| Available for sale instruments | - | - | 23 | - | 23 | - | 23 |
| Cash flow hedges | - | - | 34 | - | 34 | - | 34 |
| Exchange differences on translation of foreign operations | - | - | -1,525 | - | -1,525 | -7 | -1,532 |
| Remeasurement of provisions for post-employment benefits | - | - | - | -917 | -917 | - | -917 |
| Income tax relating to other comprehensive income | - | - | -2 | 51 | 49 | - | 49 |
| Other comprehensive income, net of tax | - | - | -1,470 | -866 | -2,336 | -7 | -2,343 |
| Total comprehensive income for the period | - | - | -1,470 | 1,496 | 26 | -4 | 22 |
| Share-based payment | - | - | - | -141 | -141 | - | -141 |
| Sale of shares | - | - | - | 212 | 212 | - | 212 |
| Dividend SEK 6.50 per share | - | - | - | -1,860 | -1,860 | - | -1,860 |
| Acquisition of non-controlling interest | - | - | - | -89 | -89 | -64 | -153 |
| Total transactions with equity holders | - | - | - | -1,878 | -1,878 | -64 | -1,942 |
| Closing balance, December 31, 2012 | 1,545 | 2,905 | -1,146 | 12,381 | 15,685 | 41 | 15,726 |
|
Income for the period |
- |
- |
- |
671 |
671 |
1 |
672 |
| Available for sale instruments | - | - | -69 | - | -69 | - | -69 |
| Cash flow hedges | - | - | 41 | - | 41 | - | 41 |
| Exchange-rate differences on translation of foreign operations | - | - | -1,513 | - | -1,513 | -5 | -1,518 |
| Remeasurement of provisions for post-employment benefits | - | - | - | 1,851 | 1,851 | - | 1,851 |
| Income tax relating to other comprehensive income | - | - | 29 | -636 | -607 | - | -607 |
| Other comprehensive income, net of tax | - | - | -1,512 | 1,215 | -297 | -5 | -302 |
| Total comprehensive income for the period | - | - | -1,512 | 1,886 | 374 | -4 | 370 |
| Share-based payment | - | - | - | 77 | 77 | - | 77 |
| Sale of shares | - | - | - | - | - | - | - |
| Dividend SEK 6.50 per share | - | - | - | -1,860 | -1,860 | - | -1,860 |
| Acquisition of non-controlling interest | - | - | - | -2 | -2 | -3 | -5 |
| Total transactions with equity holders | - | - | - | -1,785 | -1,785 | -3 | -1,788 |
| Closing balance, December 31, 2013 | 1,545 | 2,905 | -2,658 | 12,482 | 14,274 | 34 | 14,308 |
For more information about share capital, number of shares and earnings per share, see Note 20.
StopSearchHereCEO Statement
In 2013 we continued to deliver above our growth target and delivered 4.5% in organic sales growth.
CEO Statement
I'm convinced that raising product efficiency for the growing middle class is where long-term shareholder value creation lies.
Our products
Electrolux is the only appliance manufacturer in the industry to offer complete solutions for both consumers and professionals. The focus is on innovative and energy-efficient products in the premium segments.
Sustainability
Achieving the Group's vision of sustainability leadership is crucial to realizing the business strategy. The objective is to develop smarter, more accessible, resource-efficient solutions that meet people's needs and improve their lives. Read the comprehensive sustainability performance review.
Awards & recognition
Financial Reporting
Net sales for the Electrolux Group in 2013 amounted to SEK 109,151m, as against SEK 109,994m in the previous year. The organic sales growth was 4.5%, while currencies had an impact of -5.3%.
