Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Profit for the Year<br />
and Proposed Profit Appropriation<br />
With the statutory allocation of EUR 267.786 million (2003: EUR 423.271<br />
million) of the OeNBÕs profit to the central government having been made<br />
in conformity with Article 69 paragraph 3 of the Nationalbank Act (item<br />
13 of the profit and loss account), the balance sheet and the profit and loss<br />
account show a<br />
Profit for <strong>2004</strong> of EUR 29,753,966.48.<br />
On March 30, 2005, the Governing Board endorsed the following profit appropriation proposal<br />
to the General Council:<br />
to pay a 10% dividend<br />
on the OeNBÕs capital stock of EUR 12 million<br />
to allocate to the Leopold Museum<br />
EUR 1,200,000.Ñ<br />
Private Foundation<br />
to allocate to the OeNB Anniversary Fund<br />
for the Promotion of Scientific Research<br />
and Teaching:<br />
funds earmarked for promotion<br />
EUR 4,391,619.37<br />
by the OeNB<br />
funds earmarked for the<br />
National Foundation for Research,<br />
EUR 12,579,460.15<br />
Technology and Development EUR 11,582,886.96 EUR 24,162,347.11<br />
EUR 29,753,966.48<br />
Financial Statements<br />
<strong>Annual</strong> <strong>Report</strong> <strong>2004</strong> ×<br />
117
Change language