(1) The stockholders’ shares in the profits are determined based on their shares in the capital stock.
(2) Where the contributions to the capital stock have not been paid in for all shares of stock in the same ratio, the stockholders will receive in advance, out of the profits eligible for distribution, an amount of four per cent of the contributions made. Where the profits do not suffice for this purpose, the amount is determined based on a correspondingly lower rate. Contributions made in the course of the financial year are to be taken into account pro-rated by the time that has lapsed since they were made.
(3) The by-laws may stipulate a different type of distribution of profits.