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Bank Austria Creditanstalt AG may pay a dividend in the maximum amount of the profit available for distribution as shown in the company’s separate financial statements pursuant to the Austrian Commercial Code and the Austrian Banking Act.
Proposal for the appropriation of profit for 2006
The profit shown in Bank Austria Creditanstalt AG’s separate financial statements pursuant to the Austrian Commercial Code for the financial year beginning on 1 January 2006 and ending on 31 December 2006 amounts to € 855.6 m. The amount of € 266.0 m was allocated to reserves and the profit brought forward from the previous year was € 0.8 m. Thus the profit available for distribution was € 590.4 m. The Management Board proposes to the Annual General Meeting that a dividend of € 4.00 per share entitled to a dividend be paid on the share capital of € 1,068,920,749.80. As the number of shares is 147,031,740, the total amount of the proposed dividend is € 588.1 m.
Furthermore, the Management Board proposes that the remaining amount of € 2.3 m be carried forward to new account.