2019 DIVIDEND DISTRIBUTION TABLE
TOFAŞ TÜRK OTOMOBİL FABRİKASI A.Ş.
2019 Dividend Distribution Proposal Table (TL) |
1. |
Paid-in/Issued Capital |
|
500,000,000 |
2. |
Total Legal Reserves (According to Tax Book) |
|
366,783,458 |
If there is dividend privilege in the Articles of Association,information regarding this privilege: |
No |
|
|
According to CMB |
According to Tax Book |
3. |
Current Period Profit |
1,456,555,000 |
1,214,622,956 |
4. |
Taxes Payable (-) |
-25,084,000 |
12,177,831 |
5. |
Net Current Period Profit (=) |
1,481,639,000 |
1,202,445,125 |
6. |
Losses in Previous Years (-) |
|
|
7. |
Primary Legal Reserves (-) |
|
|
8. |
NET DISTRIBUTABLE CURRENT PERIOD (=) |
1,481,639,000 |
1,202,445,125 |
9. |
Donations Made during the Year (+) |
6,707,127 |
|
10. |
Donation-Added Net Distributable Current Period Profit on which First Dividend is Calculated |
1,488,346,127 |
|
11. |
First Dividend for Shareholders |
|
|
- Cash |
1,200,000,000 |
25,000,000 |
- Stock |
|
|
- Total |
1,200,000,000 |
25,000,000 |
12. |
Dividend Distributed to Owners of Privileged Shares |
|
|
13. |
Other Dividend Distributed |
|
|
- To the Members of the Board of Directors, |
|
|
- To the Employees |
|
|
- To None Shareholders |
|
|
14. |
Dividend to Owners of Redeemed Shares |
|
|
15. |
Second Dividend for Shareholders |
|
1,070,404,659 |
16. |
Secondary Legal Reserves |
117,500,000 |
107,040,466 |
17. |
Statutory Reserves |
|
|
18. |
Special Reserves |
|
|
19. |
EXTRAORDINARY RESERVES |
164,139,000 |
|
20. |
Other Distributable Resources |
0 |
104,595,341 |
- Retained Earnings |
|
|
- Extraordinary Reserves |
|
|
- Other distributable reserves in accordance with the Law and the Articles of Association |
|
104,595,341 |
21. |
Legal Reserves From Other Distributable Resources |
0 |
10,459,534 |
- Retained Earnings |
|
|
- Extraordinary Reserves |
|
|
- Other distributable reserves in accordance with the Law and the Articles of Association |
|
10,459,534 |
TOFAŞ TÜRK OTOMOBİL FABRİKASI A.Ş. 2019 Dividend Rates Table |
|
SHARE GROUP |
DIVIDEND AMOUNT |
TOTAL DIVIDEND AMOUNT (TL)/ NET DISTRIBUTABLE CURRENT PERIOD PROFIT |
DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL |
CASH (TL) |
STOCK (TL) |
RATE (%) |
AMOUNT (TL) |
RATE (%) |
NET* |
A (real person) |
2,378,726 |
|
0.16 |
2.0400 |
204.00 |
A (legal entity) |
451,473,155 |
|
30.47 |
2.4000 |
240.00 |
D |
386,130,908 |
|
26.06 |
2.0400 |
204.00 |
E |
247,738,184 |
|
16.72 |
2.0400 |
204.00 |
TOTAL |
1,087,720,973 |
0 |
73.41 |
0 |
0 |
(1) There is no privileged share group in profits
(2) Dividend amounts to be distributed to A, D and E groups are shown as consolidated.
(3) No withholding tax will be applied as Group A shares which correspond to 37.62% of the capital belong to full-fledged legal persons. And as Group A shares which correspond to 0.23% of the capital belong to full-fledged real persons, 15% withholding tax will be applied,
(4) 15% withholding tax is applied by taking into account that all Group D shares belong to limited liability real persons.
(5) 15% withholding tax is applied accepting that all Group E public shares belong to real persons.
