As regards distribution of profit for 2018 and previous years, only the profit captured in the PZU standalone financial statements prepared in accordance with PAS is subject to distribution.
220.127.116.11. Distribution of the 2017 profit
Only the profit captured in the standalone financial statements of the parent company prepared in accordance with PAS is subject to distribution.
On 28 June 2018, PZU’s Ordinary Shareholder Meeting distributed PZU's net profit for the year ended 31 December 2017 totaling PLN 2,434 million by earmarking:
The record date was 12 September 2018 and the dividend was paid out on 3 October 2018.
18.104.22.168. Distribution of the 2018 profit
As at the date of signing these consolidated financial statements, the PZU Management Board has not adopted a resolution in the matter of the proposed distribution of the 2018 profit.