Annual report - HSE

1.2.4 Determination and proposed allocation of
accumulated profit
The company Holding Slovenske elektrarne d.o.o. ended the financial year 2012 with a net
profit of EUR 42,954,179.40.
At its 11 th regular meeting held on 19 and 29 July 2013, the Supervisory Board agreed
with the management’s proposal that half of the net profit of 2012 in the amount of EUR
21,477,089.70 be allocated to other revenue reserves already upon preparation of financial
statements for 2012.
The remaining net profit represents the accumulated profit of 2012 and amounts to EUR
21,477,089.70.
In line with the strategic objectives and investment policy, the HSE Supervisory Board
agrees with the management’s proposal submitted to the founder for the accumulated
profit for 2012, which represents the remainder of the net profit of 2012, in the amount of
EUR 21,477,089.70 to be allocated to other revenue reserves.
The HSE d.o.o. Supervisory Board prepared the report in accordance with Article 282 of the
Companies Act. The report of the Supervisory Board addressed to the Company’s founder
and sole owner.
Ljubljana, 29 July 2013
Marko Zidanšek, M.Sc.
President of the Supervisory
Board Holding Slovenske
elektrarne d.o.o.
Annual Report HSE 2012
1 Introduction
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