Board Report on Operations >

Proposal for the Distribution of Dividend

The Consolidated Balance Sheet at 31 December 2001 shows retained shareholders' equity of EUR 5 874.9 million, of which EUR 4 090.3 million is distributable. The Parent Company distributable shareholders' equity at 31 December 2001 was EUR 3 155 692 825.60. The Board of Directors proposes to the Annual General Meeting that the profit for the financial period of EUR 2 208 257 593.87 be transferred to retained earnings and that dividend be distributed as follows:

Profits from previous periods
Purchase of own shares
Profit for the financial period
Dividend of EUR 0.45 per share to be
distributed on 907 911 299 shares

1 147 261 948.79
-199 826 717.06
2 208 257 593.87

-408 560 084.55
Retained earnings after distribution of dividend 2 747 132 741.05


Helsinki, 30 January 2002
 
Claes Dahlbäck
Chairman

Josef Ackermann

George W. Mead

Paavo Pitkänen

Marcus Wallenberg

Jukka Härmälä
CEO



 
Krister Ahlström
Vice Chairman

Harald Einsmann

Ilkka Niemi

Jan Sjöqvist

 

Björn Hägglund
Deputy CEO