The registered share capital was 2,000 ordinary shares at 31 December 2012, at a par value of SEK 100 per share. Holders of ordinary shares are entitled to dividends that are retrospectively determined.
The Group has statutory reserves amounting to SEK 82,000 (82), of which SEK 40,000 (40) pertains to the Parent Company.
Retained earnings, including profit for the year, include profit in the Parent Company and its subsidiaries.
The Government disposes of the Parent Company’s profit after tax. The Company’s profit for the financial year is loaned interest-free to the Swedish State. Payments are made on a quarterly basis: 30 April, 31 July, 31 October and 15 February. Funds loaned are deducted from the dividend following a decision of the Company’s AGM. For the 2011 profit, SEK 5,007 million (4,766) was paid to the owner, the Swedish State, following the decision of the 2012 AGM. In conjunction with payment, advances paid to the owner during 2011, amounting to SEK 1,200 million (1,200) were deducted. Over the course of 2012, SEK 1,200 million, relating to the profit for 2012, was loaned in advance to the State.
AB Svenska Spel is 100% owned by the Swedish State and is under the administration of the Ministry of Finance.
This consists of non-restricted equity from the preceding year after any provisions are made to statutory reserves and profit distribution. Non-restricted equity is the amount available for distribution to shareholders.
