ANNUAL REPORT 2011 A.S. CRÉATION TAPETEN AG
ANNUAL REPORT 2011 A.S. CRÉATION TAPETEN AG
ANNUAL REPORT 2011 A.S. CRÉATION TAPETEN AG
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PROFIT APPROPRIATION PROPOSAL<br />
120<br />
Profit appropriation proposal<br />
The financial statements of A.S. Création<br />
Tapeten <strong>AG</strong> for the year ended December 31,<br />
<strong>2011</strong> show unappropriated retained earnings<br />
of € 7,277,961.62.<br />
The Managing Board and the Supervisory Board<br />
propose to the General Meeting of Shareholders<br />
that the unappropriated retained earnings<br />
should be used as follows: payment of a<br />
dividend of € 0.75 per dividend-bearing share<br />
and allocation of the remaining amount to the<br />
revenue reserves of A.S. Création Tapeten <strong>AG</strong>.<br />
As of December 31, <strong>2011</strong>, 2,756,351 of the<br />
3,000,000 shares of A.S. Création Tapeten <strong>AG</strong><br />
were entitled to dividend. 243,649 shares<br />
acquired in the context of the stock repurchase<br />
program are held by A.S. Création Tapeten <strong>AG</strong>.<br />
Based on the number of dividend-bearing<br />
shares as of December 31, <strong>2011</strong>, the profit<br />
would be appropriated as follows:<br />
Payment<br />
of a dividend 2,067,263.25 €<br />
Allocation to<br />
revenue reserves 5,210,698.37 €<br />
Unappropriated<br />
retained earnings 7,277,961.62 €<br />
The General Meeting of Shareholders of<br />
A.S. Création Tapeten <strong>AG</strong> will be held in<br />
Gummersbach on May 3, 2012. The dividend<br />
will be payable on May 4, 2012.<br />
Gummersbach, March 15, 2012<br />
A.S. Création Tapeten <strong>AG</strong><br />
Jörn Kämper<br />
Chairman of the Managing Board<br />
Franz Jürgen Schneider<br />
Chairman of the Supervisory Board
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