2020 Universal registration document and annual financial report - BNP PARIBAS522
6 information on the Parent ComPany finanCial statements at 31 deCemBer 2020
6
Appropriation of income for the year ended 31 December 2020 and dividend distribution
6.2 Appropriation of income for the year ended 31 December 2020 and dividend distribution
At the Annual General Meeting of 18 May 2021, the Board of directors will propose an appropriation of net income for the year ended 31 December 2020 and dividend distribution under the following terms:
In millions of euros
Net income 4,404
Unappropriated retained earnings 30,503
TOTAL INCOME TO BE APPROPRIATED 34,907
Dividend 1,387
Retained earnings 33,520
TOTAL APPROPRIATED INCOME 34,907
The total proposed dividend to be paid to BNP Paribas SA shareholders is EUR 1,387 million, which corresponds to EUR 1.11 per share (with a par value of EUR 2.00) based on the number of existing shares at 31 December 2020.