Financial statements, discharge, dividend
The financial statements were prepared by the Management Board and the auditor, PwC Accountants, subsequently issued an unqualified auditor’s report on these financial statements. That report is included in the independent auditor’s report in the section additional details. The Supervisory Board discussed the financial statements in detail in the presence of the Management Board and PwC Accountants.
Following the publication of the trading update on the third quarter results on 3 November 2017, the company decided to distribute an interim dividend of € 0.34 per share (2016: € 0.34). In accordance with the Management Board’s proposal, we propose distributing a final dividend of € 0.03 per share. This means that 86% of the profit for 2017 will be distributed in the form of shareholder dividends. This is in line with the dividend policy, which was approved in the Annual General Meeting on 27 April 2005.
The Supervisory Board has approved the 2017 financial statements and proposes to adopt these at the Annual General Meeting to be held on 26 April 2018, and to discharge the members of the Management Board in respect of their management and the members of the Supervisory Board in respect of their supervision with regard to the financial year 2017.