Unilever 2009 Annual Report Download - page 140

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Unilever Annual Report and Accounts 2009 137
Further statutory and other information Unilever N.V.
The rules for profit appropriation in the Articles of Association
(summary of Article 38)
The profit for the year is applied firstly to the reserves required by law
or by the Equalisation Agreement, secondly to cover losses of previous
years, if any, and thirdly to the reserves deemed necessary by the Board
of Directors. Dividends due to the holders of the Cumulative
Preference Shares, including any arrears in such dividends, are then
paid; if the profit is insufficient for this purpose, the amount available
is distributed to them in proportion to the dividend percentages of
their shares. Any profit remaining thereafter shall be distributed to the
holders of ordinary shares in proportion to the nominal value of their
respective holdings of ordinary shares. The General Meeting can only
decide to make distributions from reserves on the basis of a proposal
by the Board and in compliance with the law and the Equalisation
Agreement.
Proposed profit appropriation € million € million
2009 2008
Profit for the year (available for distribution) 1,287 1,713
Interim dividend already paid (417) (401)
To profit retained 870 1,312
Post balance sheet event
On 4 February 2010 the Directors announced a dividend of
€0.1950 per Unilever N.V. ordinary share. The dividend is payable
from 17 March 2010 to shareholders registered at close of business
on 12 February 2010.
Special controlling rights under the Articles of Association
See note 22 to the consolidated accounts on page 119.
Auditors
A resolution will be proposed at the Annual General Meeting on
11 May 2010 for the re-appointment of PricewaterhouseCoopers
Accountants N.V. as auditors of Unilever N.V. The present
appointment will end at the conclusion of the Annual General
Meeting. For details of the remuneration of the auditors please
refer to note 31 on page 128.
Corporate Centre
Unilever N.V.
Weena 455
PO Box 760
3000 DK Rotterdam
The Netherlands