AAK Annual Report 2017

70 Deferred tax asset/provisions for deferred tax Deferred tax assets and liabilities are offset when there is a legally enforceable right to offset the recognized tax assets and OLDELOLWLHV DQG ZKHQ WKH GHIHUUHG WD[HV UHIHU WR WKH VDPH WD[ DXWKRULW\ 7KH RIIVHW DPRXQWV DUH DV IROORZV Group Parent Deferred tax assets 2017 2016 2017 2016 Tax loss carry-forwards 24 23 - - Non-current assets 29 60 - - Inventory 5 10 - - Current assets 12 -26 3 - Provisions 32 66 - - Non-current liabilities 0 3 - - Current liabilities 4 65 - - Offset -33 - - - At year-end 73 201 3 - Group Parent Deferred tax liabilities 2017 2016 2017 2016 Non-current assets 512 515 - - Inventory 7 11 - - Current assets 11 1 - - Provisions -23 -18 - - Non-current liabilities 0 1 - - Current liabilities -37 10 - - Offset -33 - - - At year-end 437 520 - - Income tax liabilities and tax assets ,Q DGGLWLRQ WR GHIHUUHG WD[ DVVHWV DQG OLDELOLWLHV $$. KDV WKH IROORZLQJ FXUUHQW WD[ OLDELOLWLHV DQG WD[ UHFHLYDEOHV Group Parent 2017 2016 2017 2016 Current tax liabilities -389 -357 0 0 Current tax receivables 257 219 8 6 Income tax liabilities/tax assets -132 -138 8 6 127( ± ($51,1*6 3(5 6+$5( Group 2017 2016 Earnings attributable to shareholders of the Parent (SEK million) 1,194 1,003 Weighted average number of ordinary shares in issue 42,288,489 42,288,489 Earnings per share before and after dilution, SEK 28.24 23.71 Earnings per share are calculated for 2017 based on net profit for the year attributable to shareholders in the Parent – SEK 1,194 million (1,003) – and on a weighted average number of ordinary shares in issue of 42,288,489 (42,288,489). 127( ± (9(176 $)7(5 7+( %$/$1&( 6+((7 '$7( For the 2017 financial year, the Board of Directors and Chief Executive Officer propose the distribution of a dividend in the amount of SEK 9.75 per share. A decision will be made at the Annual General Meeting on May 30, 2018. It is proposed that the record date for the dividend will be June 1 and the dividend is expected to be distributed to shareholders by June 7.