Dividend proposal
Volkswagen AG (CONDENSED, IN ACCORDANCE WITH THE GERMAN COMMERCIAL CODE)
In accordance with section 58(2) of the Aktiengesetz (AktG – German Stock Corporation Act), €180 million of the net income for the year was appropriated to other revenue reserves. The Board of Management and Supervisory Board are proposing to the Annual General Meeting to pay a total dividend of €2.3 billion from net retained profits, i.e. €4.80 per ordinary share and €4.86 per preferred share.
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PROPOSAL ON THE APPROPRIATION OF NET PROFIT |
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€ |
2014 | ||
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Dividend distribution on subscribed capital (€1,218 million) |
2,294,348,709.48 |
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of which on: |
ordinary shares |
1,416,431,126.40 |
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preferred shares |
877,917,583.08 |
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Balance (carried forward to new account) |
4,696,698.46 |
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Net retained profits |
2,299,045,407.94 |