Philips 2005 Annual Report Download - page 122
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Philips Annual Report 2005122
Proposed dividend to shareholders
of Royal Philips Electronics
A proposal will be submitted to the 2006 Annual General
Meeting of Shareholders to declare a dividend of EUR 0.44
per common share (EUR 529 million, based on the
outstanding number of shares at December 31, 2005).
In 2005 a dividend was paid of EUR 0.40 per common share
(EUR 504 million) in respect of the fi nancial year 2004.
Pursuant to article 33 of the articles of association of
Royal Philips Electronics, and with the approval of the
Supervisory Board, the remainder of the income for the
fi nancial year 2005 has been retained by way of reserve.
The balance sheet presented in this report, as part of the
consolidated fi nancial statements for the period ended
December 31, 2005, is before dividend, which is subject to
shareholder approval after year-end.
Management discussion and analysis