Varma

Annual Report 2014

VARMA_tilinpaatos
Distribution of profit
Distributable profits as presented in the notes to the financial statements95,258,738.55euros
The Board of Directors proposes that the profit for the year
be distributed as follows:5,866,715.92euros
to be transferred to the contingency fund (optional reserve)5,100,000.00euros
to be paid as interest on guarantee capital686,591.59euros
to be transferred to the Board of Directors’ expense account60,000.00euros
to be carried over on the Profit and Loss Account20,124.33euros
Helsinki, 12 February 2015
Berndt Brunow, Chairman of the Board
Jari PaasikiviAntti PalolaRiku Aalto
Mikael AroJohanna IkäheimoAri Kaperi
Jyri LuomakoskiPetri NiemisvirtaIlkka Oksala
Kai TelanneVeli-Matti TöyryläRisto Murto, President and CEO