PC16. Proposed disposition of earnings
Disposition of earnings Essity Aktiebolag (publ) |
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Non-restricted equity in the Parent company: |
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retained earnings |
83,552,076,909 |
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net profit for the year |
2,636,400,430 |
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Total |
86,188,477,399 |
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The Board of Directors and the President propose: |
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to be distributed to shareholders, a dividend of SEK 6.75 per share |
4,740,811,801 |
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to be carried forward |
81,447,665,5381) |
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Total |
86,188,477,339 |
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The Board of Directors and President declare that the consolidated financial statements have been prepared in accordance with the International Financial Reporting Standards adopted by the EU and that disclosures herein give a true and fair view of the Group’s position and results of operations. The Parent company’s annual accounts have been prepared in accordance with generally accepted accounting principles in Sweden and give a true and fair view of the Parent company’s position and results of operations. The statutory Board of Directors’ Report provides a fair review of the Parent company’s and Group’s operations, position and results of operations and describes material risks and uncertainties facing the Parent company and the companies included in the Group.
Stockholm, February 18, 2021
Ewa Björling
Board member
Pär Boman
Chairman of the Board
Maija-Liisa Friman
Board member
Annemarie Gardshol
Board member
Magnus Groth
President, CEO and
Board member
Susanna Naumanen
Board member,
appointed by the employees
Bert Nordberg
Board member
Louise Svanberg
Board member
Örjan Svensson
Board member,
appointed by the employees
Lars Rebien Sørensen
Board member
Barbara Milian Thoralfsson
Board member
Niclas Thulin
Board member,
appointed by the employees
Our audit report was submitted on February 18, 2021 Ernst & Young AB
Hamish Mabon Authorized Public Accountant Auditor in charge