Annual Report 2012 - Indesit

Report on operations at 31 December 2012
Proposed allocation of profit for the year
Shareholders,
the Parent’s separate financial statements at 31 December 2012 report a profit for the year of
45,929,359 euro.
The Parent is not required to allocate any profit for the year to the legal reserve since such
reserve already exceeds 1/5 of share capital.
At the date of this report, the share capital is 102,759,269.40 euro with 114,176,966 shares
outstanding with nominal value of 0,90 euro, of which:
• 113,665,684 ordinary shares with one vote right for each in the shareholders’ meeting;
• 511,282 savings shares without voting right.
This number might increase prior to the shareholders’ meeting, pursuant to the stock
options plan, due to the possible exercise of 147,000 options granted to Group executives
and managers, with the resulting issue of the same number of ordinary shares.
The Board of Directors therefore proposes the declaration of a dividend of 0.20 euro per
ordinary share outstanding and 0.218 euro per savings share outstanding, used for this
purpose, the operating profit of the year up to a maximum of 20,704,688.92 euro.
The Parent holds 11,039,750 ordinary shares (representing 9.71% of the ordinary share
capital), the voting rights of which are therefore suspended.
The Board of Directors therefore proposes:
• a dividend of 0.20 euro for each 102,625,934 ordinary share different for treasury share;
• a dividend of 0.218 for each 511,282 saving share;
• to assign the residual operating profit of the year to the extraordinary reserve.
The dividends will be payable from 23 May 2013 with detachment of the related coupons
on 20 May 2013.
In 2013 the payable dividends will receive, under the fiscal view, the benefit of the article 1,
comma 3 of the decree of the 2 April 2008 (Finance and economics minister) because the
Indesit Company S.p.A has got payable reserves constituted before 31 December 2007.
Milan, 21 March 2013
For the Board of Directors
The Chairman
Andrea Merloni
33