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Financial statements

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Appropriation of profit 2014

The General Meeting of Shareholders held on 20 April 2015 adopted and approved the 2014 financial statements. A dividend of € 2,186,000 has been paid. The profit for 2014 of € 3,173,000 was added to the retained earnings.

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Proposal for appropriation of profit 2015

The management proposes that the General Meeting of shareholders approve the proposal to pay € 2,700,000 dividend and to incorporate € 1,721,740 of the profit to the retained earnings. The net profit for the year amounts to € 4,421,740.

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