Other information 159 Distribution of profit Articles of Association provisions governing the distribution of profit Distribution of profit Subsequent events Ahold at a glance Business review Governance Financials Ahold Annual Report 2014 The holders of common shares are entitled to one vote per share and to participate in the distribution of dividends and liquidation proceeds. Pursuant to section 39 of the Articles of Association, a dividend will first be declared out of net income on cumulative preferred shares and cumulative preferred financing shares. Any net income remaining after reservations deemed necessary by the Supervisory Board, in consultation with the Management Board, will then be available for distribution to the common shareholders subject to approval at the General Meeting of Shareholders. The Management Board, with the approval of the Supervisory Board, may propose that the General Meeting of Shareholders make distributions wholly or partly in the form of common shares. Amounts of net income not paid in the form of dividends will be added to the accumulated deficit. In the financial statements, the dividend on cumulative preferred financing shares is included in the income statement. Consequently, net income according to the parent company income statement is fully attributable to common shareholders. The Management Board, with the approval of the Supervisory Board, proposes that a final dividend of €0.48 per common share be paid in 2015 with respect to 2014 (2013: €0.47), For information regarding subsequent events, see Note 35 to the consolidated financial statements.

Jaarverslagen | 2014 | | pagina 67