TeliaSonera
TeliaSonera Annual Report 2008 - Financial Statements

Proposed Appropriation of Earnings

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At the disposal of the Annual General Meeting:


SEK
Retained earnings 28,483,266,524
Net income 30,306,233,346
Total 58,789,499,870

The Board of Directors and the President and CEO certify that the consolidated financial statements have been prepared in accordance with IFRSs as adopted by the EU and give a true and fair view of the Group's financial position and results of operations. The financial statements of the Parent Company have been prepared in accordance with generally accepted accounting principles in Sweden and give a true and fair view of the Parent Company's financial position and results of operations.

The Board proposes that this sum be appropriated as follows:


SEK
SEK 1.80 per share ordinary dividend to the shareholders 8,082,822,983
To be carried forward to 2009 50,706,676,887
Total 58,789,499,870

The Report of the Directors for the Group and the Parent Company provides a fair review of the development of the Group's and the Parent Company's operations, financial position and results of operations and describes material risks and uncertainties facing the Parent Company and the companies included in the Group.


Stockholm, March 9, 2009

Tom von Weymarn
Chairman

Agneta Ahlström Maija-Liisa Friman Elof Isaksson
Conny Karlsson Lars G Nordström Timo Peltola
Jon Risfelt Caroline Sundewall Berith Westman

Lars Nyberg
President and CEO


Our auditors' report was rendered March 11, 2009

PricewaterhouseCoopers AB

Göran Tidström
Authorized Public Accountant
Auditor in charge

Håkan Malmström
Authorized Public Accountant