302 348
Parent Company Financial Report |
EXPLANATORY NOTES
2014 Annual Report
Prysmian Group
302
Key:
A: to increase capital
B: to cover losses
C: distribution to shareholders
(*) Entirely available for capital increases and to cover losses.
Dividend distribution
The shareholders of Prysmian S.p.A. voted on 16 April 2014 to
distribute a gross dividend of Euro 0.42 per share, for a total
of Euro 88,857 thousand; this dividend was paid on 25 April
2014, with the shares going ex-dividend on 22 April 2014.
A proposal to pay a dividend of Euro 0.42 per share, for a
total of some Euro 90 million, in respect of the year ended
31 December 2014 will be presented to the Shareholders'
Meeting convened in single call for 16 April 2015.
The present financial statements do not reflect any liability
for the proposed dividend.
Nature/description
Amount
Permitted use
Amount available
Uses in three previous years
(A,B,C)
for distribution
to cover
other
losses
purposes
Share capital
21,671
Capital reserves:
Capital contribution reserve
6,113
A,B,C (*)
6,113
Share premium reserve
485,873
A,B,C
485,873
Earnings reserves:
Extraordinary reserve
52,688
A,B,C
52,688
IAS/IFRS first-time adoption reserve
30,177
A,B,C
30,177
Legal reserve
4,292
B
-
Share issue reserve
536
A,B,C
536
Retained earnings
276,440
A,B,C
276,440
Total
877,790
851,827
-
-
Undistributable amount
-
Distributable amount
851,827
(in thousands of Euro)