Chrysler 2011 Annual Report Download - page 128
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127
Report on Operations
Report on
Operations
Motion for Approval
of the Statutory
Financial Statements
and Allocation of
2011 Profit
Motion for Approval of the
Statutory Financial Statements
and Allocation of 2011 Profit
Shareholders,
We hereby submit the Statutory Financial Statements for the year ended 31 December 2011 for your approval. In order to strengthen
the Group’s capital and maintain a high level of liquidity, we propose that, consistent with the requirements of law and the By-laws, the
profit for the year of €99,165,620 be allocated as follows:
to the Legal Reserve, €4,958,281
to each preference share, a dividend of €0.217, totaling approximately €22.4 million
to each savings share, a dividend of €0.217, totaling approximately €17.3 million
to Retained Profit, the remaining amount totaling approximately €54.5 million
Payment of the dividend on preference and savings shares will be from 26 April 2012, with detachment of the coupon on 23 April.
The dividend will be payable on shares outstanding at the coupon detachment date.
22 February 2012
On behalf of the Board of Directors
/s/ John Elkann
John Elkann
CHAIRMAN