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Distribution of profit
At the meeting held on 19th April 2023, 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) |
59.956 millions of euros |
| Interest on shareholder contributions to share capital |
22.443 millions of euros |
| Total distributable or net surplus available |
37.513 millions of euros |
Distribution of surplus
| Compulsory Reserves Fund |
7.503 millions of euros |
| Voluntary Reserves Fund |
23.917 millions of euros |
| Education and Promotion Fund - Mandatory |
3.751 millions of euros |
| Education and Promotion Fund - Voluntary |
2.342 millions of euros |
| Total distributed |
37.513 millions of euros |
© Cajamar Caja Rural, Sociedad Cooperativa de Crédito 2023. All rights reserved.
