SAIPEM: 2012 Consolidated and draft Statutory Financial Statements; call to General Shareholders’ Meeting
The Board of Directors of Saipem S.p.A. has approved the Saipem Group Consolidated Financial Statements as at December 31, 2012, which reported net profit of €902 million (€921 million in 2011).
The Board also approved the draft Statutory Financial Statements of Saipem S.p.A., which reported a net profit of €437 million (€525 million in 2011¹) .
The Board of Directors moved to propose at the Annual Shareholders' Meeting the distribution of a dividend of €0.68 per ordinary share and €0.71 per savings share. Dividends will be paid from May 23, 2013 (ex-dividend date: May 20, 2013).
The Consolidated and draft Statutory Financial Statements of Saipem S.p.A. have been made available to the Board of Statutory Auditors and the Independent Auditors, together with the Directors' Report. The Annual Financial Report 2012 will be duly available at Saipem's Headquarters and published on the Company's website www.saipem.com.
The Board of Directors also approved the following Reports: “Saipem's Corporate Governance and Shareholding Structure”, “Saipem Sustainability”, and the “Compensation Report”. These documents will be published on Saipem's website at the same time as the Annual Financial Report 2012.
Annual General Shareholders' Meeting
The Board of Directors called the General Shareholders' Meeting to be held on April 24 or April 30, 2013, first and second call respectively.
¹Result refers to pro-forma data which reflect the merger of Saipem Energy Services SpA into Saipem SpA effective from January 1, 2012