Distribution of profit

At the meeting held on 20th April 2022, 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) 37.6 millions of euros
Interest on shareholder contributions to share capital 18.3 millions of euros
Total distributable or net surplus available 19.3 millions of euros

Distribution of surplus
Compulsory Reserves Fund 3.9 millions of euros
Voluntary Reserves Fund 10.2 millions of euros
Education and Promotion Fund - Mandatory 1.9 millions of euros
Education and Promotion Fund - Voluntary 3.3 millions of euros