Proposal of the Board
The parent company’s distributable funds total 974,384,311.79 euro, which includes 344,851,783.06 euro in net profit for the year. There are 197,241,130 shares with dividend rights.
The Board of Directors proposes to the Annual General Meeting that the company’s distributable earnings be disposed of in the following way:
|A dividend of EUR 0.90 per share be paid, making a total of||177,517,017.00|
|That the following sum be retained in shareholders’ equity||796,867,294.79|
No significant changes have taken place in the company’s financial position since the end of the financial year. The company’s liquidity is good and in the opinion of the Board of Directors the proposed dividend will not put the company’s solvency at risk.
Helsinki, Finland, 26 January 2012
|Mikael Lilius||Matti Vuoria|
|Maarit Aarni-Sirviö||Kaj-Gustaf Bergh|
|Alexander Ehrnrooth||Paul Ehrnrooth|
|Lars Josefsson||Bertel Langenskiöld|
|Björn Rosengren, President and CEO|