AAK Annual Report 2018

Income tax liabilities and tax assets In addition to deferred tax assets and liabilities, AAK has the following current tax liabilities and tax receivables: In February 2019 AAK acquired Dutch company MaasRefinery B.V., specialized in toll refining of vegetable oils and fats for the food industry. The company has a capacity of 40,000 MT and had revenues of SEK 50 million in 2018 and has 20 full-time employees. In March 2019 British foodservice company BD Foods was acquired. The company is a producer of tailor-made restau- rant quality meal accompaniments and had revenues of SEK 120 million in 2018 and has 100 employees. For the 2018 financial year, the Board of Directors propose the distribution of a dividend in the amount of SEK 1.85 per share. A decision will be made at the Annual General Meeting on May 15, 2019. It is proposed that the record date for the dividend will be May 17 and the dividend is expected to be distributed to shareholders by May 22. Group 2018 2017 Earnings attributable to shareholders of the Parent (SEK million) 1,322 1,194 Weighted average number of ordinary shares in issue 253,730,934 253,730,934 Earnings per share before and after dilution, SEK 5.21 4.71 Earnings per share are calculated for 2018 based on net profit for the year attributable to shareholders in the Parent – SEK 1,322 million (1,194) – and on a weighted average number of ordinary shares in issue of 253,730,934 (253,730,934). The weighted average number of ordinary shares and earnings per share are recalculated in accordance with the decided share split (6:1) by the Annual General Meeting on May 30, 2018. Group Parent 2018 2017 2018 2017 Current tax liabilities -393 -389 0 0 Current tax receivables 305 257 7 8 Income tax liabilities/tax assets -88 -132 7 8 12 14 13 Note Tax expenses Note Events after the balance sheet date Note Earnings per share 89