Proposed Appropriation of Result
With the approval of the Supervisory Board, it is proposed that the result shown in SBM Offshore N.V. income statement be appropriated as follows (in US$):
Appropriation of result
| 2020 | |||
|---|---|---|---|
| Profit/(Loss) attributable to shareholders | 191 | ||
| In accordance with note 4.6.1 to be transferred to the 'Retained earnings' | 191 | ||
| At the disposal of the General Meeting of Shareholders | - | 
It is proposed that US$165 million of retained earnings is distributed among the shareholders.