Chrysler 2008 Annual Report Download - page 98
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Report on Operations Motion for Approval of the Statutory Financial Statements and Allocation of 2008 Net Profit 97
Dear Shareholders,
We hereby submit the Statutory Financial Statements for the
year ended 31 December 2008 for your approval with a
reported net profit of €1,199,145,721. To strengthen the Group’s
capital structure and preserve liquidity, we propose, in
consideration of the requirements of law and the Company
By-laws, that the net profit for the year be allocated as follows:
to the Legal Reserve, €59,957,286;
to each savings share, a dividend of €0.31, for a total
of approximately €24.8 million;
to Retained profit, the remaining amount totalling
approximately €1,114.4 million.
Payment of the dividend on savings shares will be from 23
April 2009, with detachment of the coupon on 20 April. The
dividend will be payable on shares outstanding at the coupon
detachment date.
13 February 2009
On behalf of the Board of Directors
/s/ LUCA CORDERO DI MONTEZEMOLO
Luca Cordero di Montezemolo
Chairman
Motion for Approval of the Statutory
Financial Statements and Allocation
of 2008 Net Profit