The Regular General Meeting of UNIPETROL, a.s. discussed all points of the agenda included in the invitation published on May 17, 2006 in Hospodářské noviny a Obchodní věstník.The General Meeting approved the Report of the Board of Directors about the company’s business activities and the state of its assets for 2005. It also approved the unconsolidated financial statement for December 31, 2005, and the consolidated financial statement for December 31, 2005 and decided as to the division of profits for 2005.
The profits, amounting to CZK 1.025.956.160, 29 were divided as follows:
- The obligatory payment to the reserve fund equalling 5% of the profits generated 51 297 808,01 CZK
- Covering the losses from previous years 67 971 569,25 CZK
- Transfer to the undivided profit account 906 686 783,03 CZK
During the discussion of the point of the agenda concerning “Changes in the company’s statutory organs”, Ing. Ivan Kočárník, CSc. was elected for a member of the Supervisory Board to the seat empty since the resignation of. Milan Kuncíř on April 13, 2006.