• Financial management policies and goals
• Financing
• Effect of off-balance-sheet financing instruments
• Liquidity analysis
• Dividend
• Cash flow analysis
• Investments and acquisitions

Dividend

The Management and Supervisory Boards will propose a dividend increase to the Annual General Meeting. For 2010, a dividend of €0.86 per ordinary share is proposed. This is an increase of about 15%. The total dividend distribution will also increase by 15% to €139.7 million (2009: €121.8 million).