financial report and registration document 2011 - Groupe SEB
financial report and registration document 2011 - Groupe SEB
financial report and registration document 2011 - Groupe SEB
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8.3. PROPOSED RESOLUTIONS<br />
Proposed resolutions submitted to the Annual General Meeting of 10 May 2012<br />
Ordinary resolutions<br />
APPROVAL OF THE <strong>2011</strong> COMPANY FINANCIAL STATEMENTS<br />
PURPOSE<br />
FIRST RESOLUTION: APPROVAL OF THE COMPANY FINANCIAL STATEMENTS<br />
Financial Report <strong>and</strong> Registration Document <strong>2011</strong><br />
8<br />
Annual General Meeting<br />
Proposed resolutions<br />
In the fi rst resolution, shareholders are invited to approve the <strong>2011</strong> company fi nancial statements, which show net profi t of €77,778,758.76.<br />
The Annual General Meeting, having considered the <strong>report</strong>s of the Board of Directors, the Chairman <strong>and</strong> the Auditors on the Company’s operations <strong>and</strong> results<br />
for the year ended 31 December <strong>2011</strong>, approves the annual fi nancial statements as presented, which show net profi t of €77,778,758.76.<br />
APPROPRIATION OF PROFIT<br />
PURPOSE<br />
The second resolution concerns the appropriation of profi t for the year <strong>and</strong> the distribution of a dividend in respect of <strong>2011</strong>.<br />
SECOND RESOLUTION: APPROPRIATION OF PROFIT<br />
The Annual General Meeting resolves to appropriate net profi t for the year as follows:<br />
Net profi t 77,778,758.76<br />
Retained earnings brought forward from prior year 590,311,680.43<br />
Dividends on treasury shares credited to retained earnings 4,133,467.92<br />
Profi t available for distribution 672,223,907.11<br />
Ordinary dividend 62,439,782.50<br />
Supplementary dividend 3,455,964.88<br />
Retained earnings 606,328,159.73<br />
The dividend per share amounts to €1.25.<br />
The ex-dividend date will be 15 May 2012 <strong>and</strong> the dividend will be paid as<br />
from 18 May 2012.<br />
As provided for in Article 48 of the bylaws, a supplementary dividend of<br />
€0.125 per share, corresponding to 10% of the ordinary dividend, will be<br />
Dividends for the last three years were as follows:<br />
(in €)<br />
(in €)<br />
paid on shares registered in the name of the same holder throughout the<br />
period between 31 December 2009 <strong>and</strong> the ex-dividend date (15 May 2012).<br />
However, no single shareholder will be entitled to the supplementary dividend<br />
on any shares in excess of 0.5% of the Company’s capital.<br />
2010 2009 2008<br />
Ordinary<br />
dividend Supplementary<br />
dividend<br />
Ordinary<br />
dividend Supplementary<br />
dividend<br />
Ordinary<br />
dividend Supplementary<br />
dividend<br />
Dividend paid 1.17 0.117 1.04 0.104 0.94 0.094<br />
GROUPE <strong>SEB</strong><br />
8<br />
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