2019 Universal registration document and annual financial report - BNP PARIBAS494
6 information on the Parent ComPany finanCial statements at 31 deCemBer 2019
6
Appropriation of income for the year ended 31 December 2019 and dividend distribution
6.2 Appropriation of income for the year ended 31 December 2019 and dividend distribution
At the Annual General Meeting of 19 May 2020, the Board of directors will propose an appropriation of income for the year ended 31 December 2019 and dividend distribution under the following terms:
In millions of euros
Net income 7,490
Unappropriated retained earnings 30,506
TOTAL INCOME TO BE APPROPRIATED 37,996
Dividend 3,874
Retained earnings 34,122
TOTAL APPROPRIATED INCOME 37,996
The total proposed dividend to be paid to BNP Paribas SA shareholders is EUR 3,874 million, which corresponds to EUR 3.10 per share (with a par value of EUR 2.00) based on the number of existing shares at 31 December 2019.