Skanska Annual Report 2003

Consolidated statementof changes in shareholders’ equityNet Total share-Capital Restricted Unrestricted profit for holders’SEK M stock reserves reserves the year equityShareholders’ equity,December 31, 2001 1,256 1,428 15,165 22 17,871Transfer of net profit for 2001 22 –22 0Balance, January 1, 2002 1,256 1,428 15,187 0 17,871Equity swaps for employee stock options –85 –85Exchange rate differences 0 –1,921 –1,921Currency hedging 445 445Total changes in shareholders’ equitynot reported in income statement 0 –1,561 –1,561Transfer between restricted andunrestricted equity 1 –1 0Dividend –1,256 –1,256Net profit for 2002 –837 –837Shareholders’ equity,December 31, 2002 1,256 1,429 12,369 –837 14,217Transfer of net profit for 2002 –837 837 0Effect of change inaccounting principle, Note 2 –1,110 –1,110Adjusted balance, January 1, 2003 1,256 1,429 10,422 0 13,107Equity swaps for employee stock options 42 42Exchange rate differences –10 –1,700 –1,710Currency hedging 806 806Total changes in shareholders’ equitynot reported in income statement –10 –852 –862Transfer between restricted andunrestricted equity 227 –227 0Dividend –837 –837Net profit for 2003 2,761 2,761Shareholders’ equity,December 31, 2003 1,256 1,646 8,506 2,761 14,169See note 26.38 Consolidated statement of changes in shareholders’ equity – Skanska Annual Report 2003