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:

EUR  
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
Totalling 974,384,311.79

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
Markus Rauramo  
   
Björn Rosengren, President and CEO  
There are no related stories
+
There are no related storiesSwitch to Inside Stories