Shareholders' equity according to the consolidated balance sheet at 31 December 2004 is EUR 376.8 million, of which EUR 247.5 million is distributable. According to the balance sheet, the distributable assets of the parent company at 31 December 2004 total EUR 272,427,970.32.

The Board of Directors proposes that a dividend of EUR 0.21 per share be paid from the parent company's earnings on a total of 165,149,030 shares