PROPOSAL ON THE APPROPRIATION OF THE
NET RETAINED EARNINGS OF KSB AG
We will propose to the Annual General Meeting on 10 May 2017 that the net retained earnings of € 11,889,797.83 of KSB AG be appropriated as follows:
Distribution of a dividend of € 5.50 per ordinary no-par-value share |
€ 4,876,382.50 |
and, in accordance with the Articles of Association, € 5.76 per preference no-par-value share |
€ 4,980,741.12 |
Appropriation to revenue reserves |
€ 2,000,000.00 |
Total |
€ 11,857,123.62 |
Carried forward to new account |
€ 32,674.21 |
|
€ 11,889,797.83 |
Frankenthal, 21 March 2017
The Board of Management
The annual financial statements of KSB AG were prepared in accordance with German accounting principles. They are published in the Bundesanzeiger [German Federal Gazette].
The annual financial statements can also be downloaded from our web site at www.ksb.com,
or sent in print form on request.