Skip to website navigation Skip to article navigation Skip to content

A page refresh occures when a subject is selected.

Skip article navigation.

6. Abbreviated statutory financial statements of UCB SA

6.4 Appropriation account

6.4 Appropriation account

€ million

2020

2019

Profit for the period available for appropriation

3 790

242

Profit brought forward from previous year

2

0

Profit to be appropriated

3 792

242

To legal reserve

0

0

To other reserves

0

0

Withdrawal from capital and reserves

3 500

0

From capital and share premium account

0

0

From reserves

3 500

0

Appropriation to capital and reserves

52

0

Profit to be carried forward

3

2

Result to be carried forward

3

2

Dividends

-240

-240

Profit to be distributed

-240

-240

If the proposed allocation of the profit is approved, the total gross dividend will be fixed at:

€ 1,27

€ 1,24

If the proposed allocation of profit is approved and taking into account the tax regulations, the total net dividend off withholding tax per share will be fixed at:

€ 0,89

€ 0,87

The activities of UCB SA generated in 2020 include € 3 792 million financial income stemming from financial fixed assets in affiliated enterprises. The net profit reaches € 3 790 million after income taxes. The amount available for distribution is € 3 792 million, including € 2 million profit brought forward from last year.

The issued share capital of UCB SA is represented by 194 505 658 shares without par value as per December 31, 2020.

Per December 31, 2020, UCB SA owns 5 480 222 own shares in order to honour the exercise of share options and share awards granted to the Board of Directors and certain categories of employees.

The Board of Directors proposes to pay a gross dividend of € 1.27 per share. If this dividend proposal is approved by the General Meeting on 29 April 2021, the net dividend of € 0.889 per share will be payable as of 4 May 2021 against the delivery of coupon #24. The shares held by UCB SA are not entitled to a dividend.

Per December 21, 2020, 189 025 436 UCB shares are entitled to a dividend, representing a total distribution of € 240 million. This amount may fluctuate depending on the number of UCB shares held by UCB SA on the dividend approval date. The Board of Directors will communicate at the general meeting the total number of UCB shares entitled to a dividend and will submit the aggregate amount to be distributed for approval. The annual accounts of 2020 will be adapted accordingly.