On June 3, 2016 the general shareholders meeting of ČEZ approved the payment of a dividend totaling CZK 40 per share before taxes. The dividend totals CZK 21.5bn. The state will get CZK 15bn. This was stated for ČIANEWS by spokeswoman Barbora Půlpánová. She added that the dividend reflects the company’s policy, specifically a payment ratio of 60 – 80 %, and represents roughly 78 % of the consolidated net profits adjusted for extraordinary effects posted by the ČEZ Group for 2015. According to B. Půlpánová, shareholders decided to not pay out royalties to the members of the boards of directors and trustees. The GSM also approved the Finance Ministry’s proposal to replace four of the twelve members on the board of trustees. The new members are Šárka Vinklerová, Vladimír Kohout, František Vágner and Deputy Finance Minister Ondřej Landa.