Integrated report 2020
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- Sustainable transformation
- PGE in 2020
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Integrated report 2020
Non-distributable retained profits are amounts which may not be paid out in the form of dividend.
|
As at December 31, 2020 |
As at December 31, 2019 |
|
| Amounts included in retained earnings not distributable by the parent company: | ||
| Retained earnings of subsidiaries attributable to equity holders of the parent company, including consolidation adjustments | 3,209 | 5,037 |
| Amount of profits recognised by the parent company in retained earnings through other comprehensive income | (2) | 1 |
| Retained earnings from previous years subject to distribution | – | – |
| Net profit/(loss) of the parent company for the period | 1,744 | (1,259) |
| TOTAL RETAINED EARNINGS RECOGNISED IN THE STATEMENT OF FINANCIAL POSITION | 4,951 | 3,779 |
As at the date of these financial statements, no proposal for the distribution of profit for 2020 had been adopted.
Dividend payment restrictions are described in note 20.2 to these financial statements. As at December 31, 2020, there were no other restrictions on the payment of dividends.