Dividend proposal
Volkswagen AG (Condensed, in accordance with the German Commercial Code)
Including net income for the year, net retained profits amounted to €1.4 billion. The Board of Management and Supervisory Board are proposing to pay a total dividend of €1.0 billion, i.e. €2.00 per ordinary share and €2.06 per preferred share.
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PROPOSAL ON THE APPROPRIATION OF NET PROFIT |
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€ |
2016 |
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Dividend distribution on subscribed capital (€1,283 million) |
1,014,962,852.70 |
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of which on: |
ordinary shares |
590,179,636.00 |
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preferred shares |
424,783,216.70 |
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Appropriation to other revenue reserves |
385,000,000.00 |
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Balance (carried forward to new account) |
1,709,231.84 |
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Net retained profits |
1,401,672,084.54 |