The Member Council of Zuivelcoöperatie FrieslandCampina U.A. adopted the annual reports of Zuivelcoöperatie FrieslandCampina U.A for the year 2018 on Thursday 28 March 2019. Additionally, it approved the proposal of the Board to add an amount of 76 million euro of the result of the year 2018 (2017: 144 million euro) to the general reserve of the cooperative.
Further, the Member Council approved the resolution of the Board to adopt the annual report of 2018 of Royal FrieslandCampina N.V., including the resolution to, in the framework of the established reservation policy, issue 14 million euro (0.13 euro per 100 kilos of milk) of member bonds to the cooperative with the obligation to transfer these to its members.
The Member Council of Zuivelcoöperatie FrieslandCampina U.A. consists of 210 district leaders (ten from each of the 21 districts).
For additional information: Annual reports 2018