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Dividend Policy
The dividend policy established by the Board of Directors states that Firefly shall show good dividend growth that reflects the company's profit development on a long term basis. From time to time the dividend can depart from this policy, depending on the financial status.
The proposed dividend for 2010 corresponds to a payout ratio of approximately 141 percent (54 percent). The high balance sheet ratio and the probability of further good profit development justify the relatively high share of dividend. The proposed dividend represents 14 percent (14 percent) of adjusted equity.
