Profits

 The suggested distribution of profits

Net profit after tax

 

 

42230552

Deduct: Capital Gains to Capital reserve

 

 

482568

Net

 

 

41747984

5% Legal reserve

 

2087399

 


 

 

 

Losses (brought from) last year

 

438479

 


 

 

 

5% Of paid up capital - (First share)

 

 

 

Shareholders

6300000

 

 

Employees

700000

 

 

 

 

7000000

 

Total

 

 

9525875

Net

 

 

32222109

 

 

 

 

10% Remuneration of members of the board of directors

 

 

3222210

 

 

 

 

Net

 

 

28999899

 19% Of paid up capital - (Second share)

 

 

 

Shareholders 23940000    
Employees 2660000    
      26600000
Profits(carried forwarded) to next year     2399899