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Distribution of profit
At the meeting held on 8th May 2025, the General Assembly approved the following distribution of profits:
Distribution basis
Profits for the financial year (following allocations made to the Education and Promotion Fund, and after taxes) |
291.711 millions of euros |
Interest on shareholder contributions to share capital |
97.647 millions of euros |
Total distributable or net surplus available |
194.064 millions of euros |
Distribution of surplus
Compulsory Reserves Fund |
38.813 millions of euros |
Voluntary Reserves Fund |
130.175 millions of euros |
Education and Promotion Fund - Mandatory |
19.406 millions of euros |
Education and Promotion Fund - Voluntary |
5.670 millions of euros |
Total distributed |
194.064 millions of euros |
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