Group
As shown in the consolidated balance sheet at December 31, 1998, unrestricted equity amounted to SEK 48,307 M (41,309). Of this amount, SEK 5 M is estimated to be appropriated to restricted equity.
AB Volvo SEK M Retained earnings brought forward 25,951 Profit for the year 1998 24,044 Total 49,995
The Board of Directors and the President propose that the above sum be disposed of as follows:
SEK M To the shareholders, a dividend of SEK 6.00 per share 2,649 Retained earnings to be carried forward 47,346 Total 49,995
Göteborg den 11 februari 1999            Håkan Frisinger          Per-Olof Eriksson     Sören Gyll      Tom Hedelius        Leif Johansson      Finn Johnsson         Sören Mannheimer     Lars Ramqvist       Lars-Göran Larsson     Olle Ludvigsson     Verner Pedersen                  Our audit report was issued on February 16, 1999     Olof Herolf  Authorized Public Accountant PricewaterhouseCoopers         Olov Karlsson Authorized Public Accountant PricewaterhouseCoopers