Under Par. 38.1.11 of the Minister of Finance’s Regulation on current and periodic information to be published by issuers of securities and conditions for recognition as equivalent of information whose disclosure is required under the laws of a non-member state, dated February 19th 2009 (Dz. U. of 2009, No. 33, item 259), the Management Board of Inter Cars S.A. hereby publishes the information concerning the proposed distribution of net profit for 2009, approved by the Supervisory Board during its meeting held on May 20th 2010.
Having examined the Management Board’s recommendation for the distribution of the 2009 net profit and having reviewed the Director’s Report as well as the financial statements for 2009 along with the auditor’s opinion and the information obtained while performing the functions specified in the Articles of Association, the Supervisory Board of Inter Cars S.A. issued a positive opinion on the Management Board’s motion concerning the distribution of net profit, which is to be allocated in whole (PLN 60,707 thousand) to the Company’s reserve funds.
The proposal will be submitted for approval by the Annual General Shareholders Meeting on June 10th 2010.
- Piotr Kraska - Member of the Management Board
- Paweł Pietrzak - Plenipotentiary