Other information
Contents Management report Corporate governance Consolidated financial statements Financial statements Pillar 3
Statutory provisions
Profit can be used under an Executive Board resolution to
pay distributions on equity investments and distributions on
additional tier 1 instruments.
The remainder of the profit is added to the general reserves
held by Rabobank. The Executive Board can also resolve to
make payouts in the interim to holders of equity investments
and the holders of additional tier 1 instruments from the profit
and/or the result. While Rabobank still exists, the reserves
cannot be distributed to the members, neither in full, nor in
part. The Executive Board has the right to make a payout from
the reserves on equity investments and/or additional tier 1
instruments. If the decision is taken at any time to dissolve
Rabobank in order to have its business
continued by another legal entity or organisation, the reserves
will be transferred to said other legal entity or organisation.
Proposals regarding the appropriation of available
profit for Rabobank
Of the profit of 908,1,196 is payable to the holders of Capital
Securities and Rabobank Certificates in accordance with
Executive Board resolutions. It is proposed that the remainder
of the profit be added to the general reserve held by Rabobank.
292 Rabobank Annual Report 2015