Other information
Provisions in the Articles of Association relating to profit appropriation
Profit appropriation takes place in accordance with article 14 (1) of the Articles of Association, which reads as follows:
‘The profit as disclosed in the profit and loss account approved by the General Meeting of Shareholders will be at the disposal of the General Meeting of Shareholders.’
Proposed profit appropriation
The proposed profit appropriation is as follows:
|
Proposed dividend on ordinary shares |
44,000 |
|
Proposed addition to other reserves |
66,000 |
|
Profit for the financial year |
110,000 |
