Parent Company change in equity
|
Restricted equity | Non-restricted equity |
|
||
---|---|---|---|---|---|
SEKm | Share capital | Statutory reserve | Fair value reserve | Retained earnings | Total equity |
Opening balance, January 1, 2012 | 1,545 | 3,017 | -11 | 15,949 | 20,500 |
Income for the period |
- |
- |
- |
1,119 |
1,119 |
Available for sale instruments | - | - | 26 | - | 26 |
Cash flow hedges | - | - | 13 | - | 13 |
Income tax relating to other comprehensive income | - | - | -5 | - | -5 |
Other comprehensive income, net of tax | - | - | 34 | - | 34 |
Total comprehensive income for the period | - | - | 34 | 1,119 | 1,153 |
Share-based payment | - | - | - | -174 | -174 |
Sale etc of own shares | - | - | - | 212 | 212 |
Dividend SEK 6.50 per share | - | - | - | -1,860 | -1,860 |
Total transactions with equity holders | - | - | - | -1,822 | -1,822 |
Closing balance, December 31, 2012 | 1,545 | 3,017 | 23 | 15,246 | 19,831 |
Income for the period |
- |
- |
- |
-909 |
-909 |
Available for sale instruments | - | - | -68 | - | -68 |
Cash flow hedges | - | - | 28 | - | 28 |
Income tax relating to other comprehensive income | - | - | -6 | - | -6 |
Other comprehensive income, net of tax | - | - | -46 | - | -46 |
Total comprehensive income for the period | - | - | -46 | -909 | -955 |
Share-based payment | - | - | - | 77 | 77 |
Sale etc of own shares | - | - | - | - | - |
Dividend SEK 6.50 per share | - | - | - | -1,860 | -1,860 |
Total transactions with equity holders | - | - | - | -1,783 | -1,783 |
Closing balance, December 31, 2013 | 1,545 | 3,017 | -23 | 12,554 | 17,093 |
CEO Statement
![](../../styles/images/elux-ceo-small.jpg)
In 2013 we continued to deliver above our growth target and delivered 4.5% in organic sales growth.
CEO Statement
![](../../styles/images/elux-ceo-small.jpg)
I'm convinced that raising product efficiency for the growing middle class is where long-term shareholder value creation lies.
Our products
![](../../styles/images/our-products.png)
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
![](../../styles/images/awards-puff.png)
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%.