The share capital of the Parent Company is divided into two series of shares, A and B. Both series carry the same rights, except that each Series A share carries the right to one vote and each Series B share carries the right to one tenth of a vote. The shares quota value is SEK 1.20.

Cash dividend decided by the Annual General Meeting 2010 was SEK 0.00 (2.00) per share or total of SEK 0.0 million (4,054.8).

Unrestricted equity in the Parent Company at December 31, 2010 amounted to SEK 31,962 million (21,462). 

The cumulative amount of the exchange difference deferred to equity relating to assets held for sale amount to positive SEK 3 million (60).

Information regarding number of shares 2009 2010
Own Series A shares 20,728,135 20,728,135
Own Series B shares 80,265,060 80,265,060
Total own shares 100,993,195 100,993,195
     
Own shares in % of total registered shares 4.74 4.74
     
Outstanding Series A shares 656,873,495 656,873,495
Outstanding Series B shares 1,370,553,530 1,370,553,530
Total outstanding shares 2,027,427,025 2,027,427,025
     
Total registered Series A shares 677,601,630 677,601,630
Total registered Series B shares 1,450,818,590 1,450,818,590
Total registered shares 2,128,420,220 2,128,420,220
     
Average number of outstanding shares 2,027,419,396 2,027,419,396
Change in other reserves (SEK M) Hedge reserve Available-for-sale reserve Total
Balance at January 1, 2010 243 (120) 123
Change in fair value of contracts hedging currency risks 3 - 3
Tax on change in fair value of contracts hedging currency risks (1) - (1)
Transfers to income (354) - (354)
Tax on transfers to income statement 93 - 93
Change in fair value of commodity contracts 103 - 103
Fair value adjustments regarding holding in Deutz - 172 172
Fair value adjustments regarding shares held by UD Trucks - (14) (14)
Fair value adjustments regarding holding in Vindic AB  - (10) (10)
Balance at December 31, 2010 87 28 115
Earnings per share
Earnings per share are calculated as income for the period, attributable to the Parent Company's shareholders, divided by the Parent Company’s average number of shares outstanding for the fiscal year. Diluted earnings per share is calculated as income for the period attributable to the Parent Company’s shareholders divided by the average number of shares outstanding plus the average number of shares that would be issued as an effect of ongoing share-based incentive programs. If during the year there were potential shares redeemed or expired during the period, these are also included in the average number of shares used to calculate the earnings per share after dilution.

The share-based incentive program creates a dilution effect when the non-market-based financial goals are achieved for the fiscal year. The requirement for 2009 was not met. For 2010 AB Volvo had no share-based incentive program. No other transactions have occured that affected, or will have an effect on, the compilation of the reported share capital.
  2009 2010
Number of shares, December 31, in millions 2,027 2,027
Average number of shares before dilution in millions 2,027 2,027
Average number of shares after dilution in millions 2,027 2,027
Average share price, SEK 53.65 85.75
     
Net income attributable to Parent Company shareholders (14,718) 10,866
Basic earnings per share, SEK (7.26) 5.36
Diluted earnings per share, SEK (7.26) 5.36