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Note 14. Equity
Financial Report | Statutory Auditors’ Report on the Consolidated Financial Statements | Consolidated
Financial Statements | Statutory Auditors’ Report on the Financial Statements |
Statutory Financial Statements
14.2. Allocation of earnings
The allocation of earnings to be proposed at the Annual General Shareholders’ Meeting to be held on April 17, 2015, is as follows:
Distributable earnings
(in euros)
Retained Earnings
0.00
2014 Net Income
2,914,931,700.25
Total
2,914,931,700.25
Allocation
(in euros)
Amount allocated to legal reserve
(a)
57,385,667.90
Amount allocated to other reserves
0.00
Total amount allocated to shareholders as a dividend
(b)
1,351,600,638.00
Amount allocated to Retained Earnings
1,505,945,394.35
Total
2,914,931,700.25
(a)
Estimated amount based on the share capital as of December 31, 2014.
(b)
This amount corresponds to the €1 euro per share dividend that will be proposed at the General Shareholders’ Meeting on April 17, 2015. It is
calculated based on the number of shares outstanding as of December 31, 2014, and will be adjusted to reflect the actual number shares entitled to
the dividend on the ex-dividend date.
In respect of the last three fiscal years, dividends per share were distributed as follows:
Year
(b)
2013
2012
2011
Number of shares
(a)
1,347,704,088
1,324,905,694
1,245,297,184
Dividend per share
(in euros)
-
1.00
1.00
Total distribution
(in millions of euros)
-
1,324.9
1,245.3
(a)
Number of shares entitled to dividend as of January 1, after elimination of treasury shares held at the dividend payment date.
(b)
On June 30, 2014, Vivendi SA paid an ordinary distribution of €1 per share, from additional paid-in capital for an aggregate amount of €1,347.7 million
considered as a return of capital distribution to shareholders.
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