31st Shareholders’ Meeting of NLB d.d.: Total 2017 Profit for Appropriation Remains Undistributed
27 June 2018
Today, on 27 June 2018, the 31st regular Shareholders’ Meeting of NLB d.d. was held, where Slovene Sovereign Holding (SDH) represented the rights of the Republic of Slovenia as the sole shareholder of the Bank. The General Assembly took note of the 2017 Annual Report, decided on appropriation of distributable profit for 2017, and gave a discharge to the Management Board and Supervisory Board of NLB d.d. for the business year 2017.
The profit for appropriation of NLB d.d. as at 31 December 2017 stands at EUR 270,626,683.47 and includes net profit of the business year 2017 in the amount of EUR 189,093,577.07. The General Assembly decided to keep the entire profit for appropriation in the amount of EUR 270,626,683.47 undistributed as retained profit.
The General Assembly also took note of the 2017 Internal Audit report and appointed Ernst & Young d.o.o., Ljubljana, as the auditor of NLB d.d. for business years 2018, 2019, 2020, 2021 and 2022.
NLB Communications