We - KappAhl

Events after the close of the financial year
KappAhl acquired one company, consequently acquiring unused
tax losses. It is estimated that these can be used as of the
2014/2015 financial year. The acquisition is expected to have a
positive net effect on equity of about SEK 39 million. The
acquired company is not in operation.
Guidelines for remuneration to senior executives
Senior executives must be offered a fixed salary that is market
related and based on the person’s responsibility and conduct.
The maximum bonus payable is 50 per cent of the fixed salary
and must be primarily based on the Group’s operating profit.
The full text can be found on the company’s website under corporate
governance. It is proposed that the current policy also
apply for the next financial year.
Corporate governance
Information is provided in a separate Corporate Governance
report. (See page 69)
Proposed appropriation of the company’s profits
The Board of Directors and President propose that the profits at
the disposal of the Annual General Meeting, SEK 728,776,908,
be appropriated as follows:
Dividend (75,040,000 x SEK 1.25) SEK 93,800,000
to be brought forward SEK 634,976,908
Total SEK 728,776,908
The proposal is a temporary departure from the dividend policy
that remains with 70–100 per cent of profit after tax.
For information about the company’s earnings and financial
position in other respects, please refer to the income statements,
balance sheets and accompanying notes set out below.
38 financial information Kappahl 2008/2009