Distribution of profit

Financial information

At the meeting held on 8th May 2025, the General Assembly approved the following distribution of profits:

Distribution basis
Profits for the financial year (following allocations made to the Education and Promotion Fund, and after taxes) 291.711 millions of euros
Interest on shareholder contributions to share capital 97.647 millions of euros
Total distributable or net surplus available 194.064 millions of euros

Distribution of surplus
Compulsory Reserves Fund 38.813 millions of euros
Voluntary Reserves Fund 130.175 millions of euros
Education and Promotion Fund - Mandatory 19.406 millions of euros
Education and Promotion Fund - Voluntary 5.670 millions of euros
Total distributed 194.064 millions of euros