Summary Info
General Assembly decision on dividend distribution of 2017.
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Board Decision Date
16.02.2018
Date of Related General Assembly
19.03.2018
Was The Issue of Dividend Payment Negotiated?
Discussed
Type of Cash Dividend Payment
Payment In Advance
Currency Unit
TRY
Type of Stock Dividend Payment
Will Not Be Paid
Amount and Rate of Cash Dividend Payment
Share Group Info
Payment
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (TL)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (%)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (TL)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (%)
ARCLK, TRAARCLK91H5
Payment In Advance
0,64375
64,375
0,54719
54,719
Cash Dividend Payment Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
Payment In Advance
26.03.2018
26.03.2018
28.03.2018
27.03.2018
Amount and Rate of Cash Dividend Stock Dividend Payment
Share Group Info
Amount of Stock Dividend (TL)
Rate of Stock Dividend (%)
ARCLK, TRAARCLK91H5
0
0
Additional Explanations

According to Capital Markets Board's Communiqué Series II, 14.1, in our financial statements for year 2017 consolidated net term profit of our Company in 2017 is TL 845,302,565.23 and net profit belonging to equity holders of the parent is TL 842,948,256.97.

A total of TL 435,000,000 gross cash dividends will be paid to the Shareholders as per Turkish Commercial Code, Capital Markets Law and our Company's Articles of Association and Profit Distribution Policy,

To our shareholders which are full taxpayer institutions or limited taxpayer institutions obtaining dividend through a workplace or permanent representatives in Turkey; dividend to be paid at the rate of 64.375 % and TL 0.64375 gross= net cash for shares at the nominal value of TL 1.00 ;

And gross cash dividend of TL 0.64375 at the rate of 64.375% and net cash dividend of TL 0.54719 at the rate of 54.719% for shares with a nominal value of TL 1.00 to be paid to our other shareholders, and;

Profit distribution start date will be March 26, 2018.

Dividend payment and start date were accepted by Shareholders' General Assembly.

Supplementary Documents
Appendix: 1
Kar Dağıtım Tablosu 19.03.2018.pdf
DIVIDEND DISTRIBUTION TABLE
ARÇELİK A.Ş. 01.01.2017/31.12.2017 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
675.728.205
2. Total Legal Reserves (According to Legal Records)
368.995.245,83
Information on privileges in dividend distribution, if any, in the Articles of Association:
-
*
Based on CMB Regulations
Based on Legal Records
3. Current Period Profit
818.542.748,65
376.451.986,01
4. Taxes Payable (-)
-24.405.508,32
1.023.673,87
5. Net Current Period Profit
842.948.256,97
375.428.312,14
6. Losses in Previous Years (-)
0
0
7. Primary Legal Reserve (-)
0
0
8. NET DISTRIBUTABLE CURRENT PERIOD PROFIT
842.948.256,97
375.428.312,14
Dividend Advance Distributed (-)
0
0
Dividend Advance Less Net Distributable Current Period Profit
842.948.256,97
0
9. Donations Made during the Year ( + )
12.207.012,88
0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
855.155.269,85
0
11. First Dividend to Shareholders
427.577.634,93
0
* Cash
427.577.634,93
0
* Stock
0
0
12. Dividend Distributed to Owners of Privileged Shares
0
0
13. Other Dividend Distributed
0
0
* To the Employees
0
0
* To the Members of the Board of Directors,
0
0
* To None Shareholders
0
0
14. Dividend to Owners of Redeemed Shares
0
0
15. Second Dividend to Shareholders
7.422.365,07
0
16. Secondary Legal Reserves
40.121.358,98
0
17. Statutory Reserves
0
0
18. Special Reserves
0
0
19. EXTRAORDINARY RESERVES
367.826.898
0
20. Other Distributable Resources
0
90.630.042,58
Dividend Rates Table
Share Group
CASH DIVIDEND AMOUNT (TL) - NET
STOCK DIVIDEND AMOUNT (TL)
TOTAL DIVIDEND AMOUNT (TL) / NET DISTRIBUTABLE CURRENT PERIOD PROFIT (%)
DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL - NET (TL)
DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL - NET (%)
- - -
412.820.813,25
0
48,97
0,5472
54,72
TOTAL
412.820.813,25
0
48,97
0,5472
54,72
Dividend Payment Table Explanation
(*) There is no privileged share group in the profit.
(**) The dividend shall be distributed from 344,369,957.42 TL current year earnings and 90,630,042.58 TL extraordinary reserves.The withholding tax shall be charged to such non-exempted portion of individual taxpayers. For the purpose of calculating the total net dividend to be distributed, a calculation free of withholding tax shall be done for such portion that corresponds to the share of corporate shareholders which are known to be exempt from the withholding tax while the calculation for the entire unknown portion is based on the assumption that withholding tax shall be charged.