The Board of Director’s Proposal for the distribution of dividend
The Parent Company distributable shareholders’ equity on 31 December 2017 amounted to EUR 1 560 466 138.25, including the profit for the period of EUR 365 361 188.06. The Board of Directors proposes to the Annual General Meeting of the Company that the distributable funds be used as follows:
Dividend of EUR 0.41 per share from the distributable shareholders’
equity to be distributed on 788 619 987 shares, not to exceed EUR 323 334 194.67
Remaining in distributable shareholders’ equity EUR 1 237 131 943.58
Distributable shareholders’ equity on 31 December 2017, total EUR 1 560 466 138.25
There have been no material changes in the Parent Company’s financial position since 31 December 2017. The liquidity of the Parent Company remains good and the proposed dividend does not risk the solvency of the Company.
Helsinki, 8 February 2018
Jorma Eloranta Hans Stråberg
Chairman Vice Chairman
Anne Brunila Elisabeth Fleuriot
Hock Goh Christiane Kuehne
Mikael Mäkinen Richard Nilsson
Göran Sandberg
Karl-Henrik Sundström
CEO