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Investor Presentaiton

122 A.P. Møller-Mærsk A/S Annual Report 2020 Financials Parent company financial statements Notes index Amounts in USD million == Note 7 Deferred tax Recognised deferred tax assets and liabilities are attributable to the following: Table 7.1 and Table 7.2 There are no unrecognised deferred tax assets. There are no material unrecognised tax liabilities on investments in subsidiaries, associated companies Table 7.1 Assets Liabilities Net liabilities 2020 2019 2020 2019 2020 2019 Liabilities, etc. 48 33 48 33 and joint ventures. Total 48 33 48 33 Table 7.2 Change in deferred tax, net during the year 1 January Recognised in the income statement 31 December Note 8 Share capital Development in the number of shares: 2020 2019 33 1 15 32 48 33 Table 8.1 All shares are fully issued and paid up. Table 8.1 A shares of DKK 1,000 DKK 500 DKK 1,000 B shares of DKK 500 DKK million Nominal value USD million One A share of DKK 1,000 holds two votes. B shares have no voting rights. 1 January 2019 Conversion 10,756,262 3 31 December 2019 10,756,265 232 -6 226 10,060,398 3 172 -6 20,817 3,774 10,060,401 166 20,817 3,774 Cancellation 156,977 627,938 785 142 Conversion 5 31 December 2020 10,599,293 -10 216 9,432,463 166 20,032 3,632 Shareholder disclosure subject to section 104 of the Danish Financial Statements Act: Table 8.2 A.P. Møller Holding A/S, Copenhagen, Denmark A.P. Møller og Hustru Chastine Mc-Kinney Møllers Familiefond, Copenhagen, Denmark Den A.P. Møllerske Støttefond, Copenhagen, Denmark Share capital Votes 40.29% 9.18% 3.23% 50.88% 13.31% 6.07% At the Annual General Meeting of the company on 23 March 2020, it was decided to decrease the company's share capital by cancellation of treasury shares. The capital decrease was completed and registered with the Danish Business Authority on 2 June 2020.
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