Annual Report - Končar Distribution and Special Transformers Inc.

KON»AR - Distribution and Special Transformers, Inc.
Josipa MokroviÊa 8, ZAGREB
CROATIA
Pursuant to Article 220 of the Croatian Act on Companies and Articles 22, 24 and 25 of Articles of
Association of KON»AR D&ST d.d., at Supervisory Board meeting held on 12 March 2013, Supervisory
Board and Management Board adopted the following
DECISION
ON ALLOCATION OF PROFITS FOR 2012
1. Profits after taxation (net profits) for 2012 amount to HRK 33,291,160.03.
2. Management Board and Supervisory Board have allocated a sum of HRK 19,973,566.43 into
statutory reserves of the Company.
3. Management Board and Supervisory Board have proposed to General Assembly to make a decision
on payment of dividends on ordinary shares and preferred shares at a sum of HRK 52.10
per share, which totals HRK 13,317,593.60 in respect of 255,616 shares.
The dividends shall be paid to the shareholders registered in the depository of the Central Depository
& Clearing Company Inc. (CDCC) as shareholders on a day 15 (fifteen) days after the date of
the General Assembly. That will be the record date when shareholders become entitled to the
payment of dividends.
Dividends shall be paid at latest within 15 (fifteen) days from the record date.
Zagreb, 12 March 2013
Darinko Bago
President of the Supervisory Board
Ivan Klapan
President of the Management Board
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