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Management board’s proposed profit
appropriation pursuant to section 96 of the
Austrian stock corporations act (AktG)
Supervisory board report
At its various meetings, the supervisory board performed the duties required of it by law and the articles of association and was regularly
informed by the management board of all significant occurrences and developments in relation to the bank during the 2014 financial year.
The annual financial statements have been assessed by the supervisory board and checked for their conformity with the duly maintained
ledgers and accounting documents. The management report presented by the management board is in conformity with the annual
financial statements. Our checks did not give any grounds to raise objections.
The supervisory board hereby concurs with the management board’s profit appropriation proposal.
Dr Michael Misslinger
Chairman of the supervisory board
Annual financial statements
The net income for the 2014 financial year came to 8,499,521.68 euros. The management board proposes distributing a dividend for the
2014 financial year of 100 euros for each share of the eligible share capital of 84,950,000 euros, divided into 84,950 registered shares, and
carrying forward the remainder of the profit to new account. The dividend payout shall ensue after the registration of the merger with
Raiffeisenbanken Tirol Kast GmbH, but no later than 31.12.2015.
Innsbruck, 26 February 2015
Dr Hannes Schmid
Reinhard Mayr
Management board chairman
Management board director
