The Group’s distributable funds for 2003 total EUR 737,782,576.53.
The Parent Company’s distributable funds as of 31 December 2003 total
EUR 735,255,158.67, of which the profit for the year is EUR 104,468,713.29.
The Board of Directors will propose to the Annual General Meeting that
| » | a dividend of EUR 1.00 per share shall be paid |
EUR 160,299,428.00
|
| » | the following sum shall be transferred to the donation reserve and used at the Board’s discretion |
EUR 300,000.00
|
| » | shareholders’ equity shall be set at |
EUR 574,655,730.67
|
The dividend will be paid to shareholders registered with the Shareholder Register maintained by the Finnish Central Securities Depository Ltd. on the record date set by the Board for payment of the dividend, Friday 2 April 2004. The Board will propose to the Annual General Meeting that the dividend shall be paid on Tuesday 13 April 2004.
Helsinki, 12 February 2004
|
Jaakko Rauramo |
Paavo Hohti |
||
| Sari Baldauf | Robert Castrén | Jane Erkko | Kyösti Järvinen |
| Seppo Kievari | Robin Langenskiöld | Hannu Syrjänen | Sakari Tamminen |