Porsche 2003 Annual Report Download - page 132

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Financial Statements 2003 ⁄ 04
Notes to the Financial Statements of the Consolidated Porsche Group
and Dr. Ing. h.c. F. Porsche AG as of July 31, 2004
128
(33) Total Remuneration for the Supervisory Board
and the Executive Board
Remuneration for the Executive Board in fiscal year 2003/04
amounted to 30.4 million euro, which includes performance-
related compensation of 25.4 million euro. Former members
of the Executive Board received 964 thousand euro. Pension
obligations to former members of the Executive Board and
their surviving dependants are fully accrued at 13.9 million euro.
Total remuneration for the Supervisory Board for 2003/04
amounted to 0.9 million euro.
Stuttgart, September 30, 2004
Dr.Ing. h.c. F. Porsche
Aktiengesellschaft
Executive Board
Dr. Wendelin Wiedeking
Wolfgang Dürheimer
Holger P. Härter
Harro Harmel
Michael Macht
Hans Riedel
Proposal for the appropriation of net profits
The financial statements as of July 31, 2004 of Porsche AG
show net income available for distribution of 244,000,000 euro.
It will be proposed at the Annual General Meeting of Share-
holders that this amount be appropriated as follows:
Distribution of a dividend
for the 2003/04 fiscal year
of € 3.94 per common share
ISIN Nr DE 0006937709
(security reference number 693 770)
for a total of
8,750,000 common shares € 34,475,000
Distribution of a dividend
for the 2003/04 fiscal year
of € 4.00 per preferred share
ISIN Nr DE 0006937733
(security reference number 693 773)
for a total of
8,750,000 preferred shares € 35,000,000
Profits retained € 174,525,000
€ 244,000,000