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87
ANNUAL REPORT 2011
Distribution
of Results
In financial year 2011, Ibersol SGPS, S.A.,
presented a net consolidated result of
6,549,637.00 euros and a net result in the
individual accounts of 5,689,679.00 euros.
As indicated in the individual management
report, the Board of Directors proposes the
following application:
Non-distributable reserves
4,250,848
€
Free reserves
338,831
€
Dividends
1,100,000
€
whereby each share should be allocated an
illiquid dividend of 0.055
€
. In the case of the
company holding own shares the said allocation
of 0.055
€
for each circulating share shall be
maintained, reducing the overall amount of the
allocated dividends.