Tofas Turk Otomobil Fabrikasi : The Dividends Distribution Table 2016
March 02, 2017 at 10:53 am EST
Share
TOFAŞ TÜRK OTOMOBİL FABRİKASI A.Ş. 2016 Dividends Distribution Table (TL)
1. Paid Up/Issued Capital
500,000,000
2. Legal Reserves (According to Legal Records)
277,265,506
Information on privileges related to the distribution of profit pursuant to the Articles of Association, if any
According to CMB
According to Legal Records (LR)
3.
Term Profit
797,936,000
387,799,551
4.
Taxes ( - )
-172,292,000
1,458,439
5.
Net Term Profit ( = )
970,228,000
386,341,112
6.
Losses Pertaining to Previous Years ( - )
7.
Legal Reserves ( - )
8.
NET DISTRIBUTABLE TERM PROFIT (=)
970,228,000
386,341,112
9.
Donations Within the Year ( + )
8,964,187
10.
Net Distributable Term Profit with Donations
979,192,187
11.
Primary Dividends for Shareholders
- Cash
350,000,000
25,000,000
- Non-Paid
- Total
350,000,000
25,000,000
12.
Dividends Distributed to Preferred Shareholders
0
13.
Other Dividends Distributed
To Members of the Board of Directors,
To Employees
To Persons Other Than Shareholders
0
14.
Dividends Distributed to Redeemed Shareholders
15.
Secondary Dividends for Shareholders
0
325,000,000
16.
Legal Reserves
32,500,000
32,500,000
17.
Status Reserves
18.
Special Reserves
19.
EXTRAORDINARY RESERVES
587,728,000
3,841,112
20.
Other Resources Planned for Distribution
0
0
21.
Reserves Appropriated from Other Sources Envisaged to be Distributed
0
0
1
Dividends Distribution Table of TOFAŞ TÜRK OTOMOBİL FABRİKASI A.Ş. for 2015
GROUP
TOTAL DIVIDENDS DISTRIBUTED
TOTAL DIVIDENDS DISTRIBUTED / NET DISTRIBUTABLE TERM PROFIT
DIVIDENDS CORRESPONDING TO SHARES WITH A NOMINAL VALUE OF TL 1
CASH (TL)
NON-PAID (TL)
RATE (%)
AMOUNT (TL)
RATE (%)
NET
A
(Real person)
693,795
0.07
0.5950
59.50
A
(Legal person)
131,679,670
13.57
0.7000
70.00
D
112,621,515
11.61
0.5950
59.50
E
72,256,970
7.45
0.5950
59.50
TOTAL
317,251,951
0
32.70
( 1 ) There is no privileged share group in profits.
( 2 ) 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, and for a share with 1 TL nominal-value, 0.5950 TL net dividend will be paid.
( 3 ) 15% withholding tax is applied by taking into account that all Group D shares belong to limited liability real persons.
( 4 ) 15% withholding tax is applied accepting that all Group E public shares belong to real persons.
2
Tofas Turk Otomobil Fabrikasi AS published this content on 01 March 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 March 2017 15:53:14 UTC.
Original documenthttp://www.tofas.com.tr/en/Investor/Notices/TOFAS_2016_Genel_Kurul_Kar_Dagitim_Tablosu_EN.pdf
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Tofas Turk Otomobil Fabrikasi AS (Tofas) is a Turkey-based company, which manufactures, exports and sells passenger cars and light commercial vehicles under licenses of Fiat Chrysler Automobiles SpA (Fiat). Tofas, which is a joint venture of Koc Holding AS and Fiat, also produces various automotive spare parts used in its automobiles. Its subsidiaries include: Koc Fiat Kredi Finansman AS, which offers consumer financing and Fer Mas Oto Ticaret AS, which is engaged in the trading of automobiles and spare parts. Tofasâs manufacturing facilities are located at Bursa. Tofas undertakes the representation of the following brands in the domestic market: Fiat, Alfa Romeo, Lancia, Jeep, Maserati and Ferrari.