Summary Info
General Assembly decision about profit distribution from 2016 profit
Update Notification Flag
No
Correction Notification Flag
Yes
Postponed Notification Flag
No
Reason of Correction
During the General Assembly meeting 2016 the proposal from Ahmet Afif Topbaş, one of the shareholders, regarding the increase of the profit distribution recommendation by the Board of Directors was submitted to the approval of the General Assembly and it was accepted by majority votes.
Board Decision Date
23.03.2017
Date of Related General Assembly
18.04.2017
Was The Issue of Dividend Payment Negotiated?
Discussed
Type of Cash Dividend Payment
2 Installment
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 (%)
BIMAS, TREBIMM00018
1. Instalment
0,9
90
0,765
76,5
BIMAS, TREBIMM00018
2. Instalment
0,6
60
0,51
51
BIMAS, TREBIMM00018
TOTAL
1,5
150
1,275
127,5
Cash Dividend Payment Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
1. Instalment
07.06.2017
07.06.2017
09.06.2017
08.06.2017
2. Instalment
08.11.2017
08.11.2017
10.11.2017
09.11.2017
Amount and Rate of Cash Dividend Stock Dividend Payment
Share Group Info
Amount of Stock Dividend (TL)
Rate of Stock Dividend (%)
BIMAS, TREBIMM00018
0
0
Additional Explanations

During the General Assembly Meeting for the year 2016, the proposal from Ahmet Afif Topbaş, one of the shareholders, regarding the increase of the profit distribution recommendation by the Board of Directors was submitted to the approval of the General Assembly. After the acceptance of the recommendation, it was decided that;


After tax profit for the year 2016 in the amount of TL 670.859.000 pursuant to the consolidated financial statements issued in accordance with the Communiqué No. II-14.1 of the Capital Markets Board:

- gross TRY 455.400.000 which corresponds to the 150% of the capital paid to the shareholders shall be distributed in cash

- TRY 44.022.000 shall be allocated as 2 nd legal reserve

- In calculation of the distributable profit in cash, the equation of "TRY 1.- Nominal value = 1 piece = 1 Lot" shall be used and therefore for each fully paid bearer share of TRY 1. shall be paid; a gross=net dividend of TRY 1,50.to be paid for shareholders whose dividends are not subject to withholding tax and a net dividend of TRY 1,275.- (gross TRY 1,50.-) for each share of TL 1.- for other shareholders shall be paid.

- that the cash profit distribution be paid in two installments, whereby the first installment be paid as gross 0,90 TL for each share as from 7th June 2017 and the second installment be paid as gross 0,60 TL for each share as from 8 th November 2017.


In the event of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

Supplementary Documents
Appendix: 1
Kar Dağıtım Tablosu_2016.pdf
Appendix: 2
Profit Distribution Table_2016.pdf
DIVIDEND DISTRIBUTION TABLE
BİM BİRLEŞİK MAĞAZALAR A.Ş. 01.01.2016/31.12.2016 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
303.600.000
2. Total Legal Reserves (According to Legal Records)
296.387.450
Information on privileges in dividend distribution, if any, in the Articles of Association:
NONE
*
Based on CMB Regulations
Based on Legal Records
3. Current Period Profit
849.181.000
849.421.446
4. Taxes Payable (-)
178.322.000
169.401.589
5. Net Current Period Profit
670.859.000
680.019.857
6. Losses in Previous Years (-)
0
0
7. Primary Legal Reserve (-)
0
0
8. NET DISTRIBUTABLE CURRENT PERIOD PROFIT
670.859.000
680.019.857
Dividend Advance Distributed (-)
0
0
Dividend Advance Less Net Distributable Current Period Profit
670.859.000
0
9. Donations Made during the Year ( + )
6.954.076
0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
677.813.076
0
11. First Dividend to Shareholders
203.343.923
0
* Cash
203.343.923
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
252.056.077
0
16. Secondary Legal Reserves
44.022.000
0
17. Statutory Reserves
0
0
18. Special Reserves
0
0
19. EXTRAORDINARY RESERVES
171.437.000
180.597.857
20. Other Distributable Resources
0
0
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 (%)
- - -
387.090.000
0
57,7
1,275
127,5
TOTAL
387.090.000
0
57,7
1,275
127,5
Dividend Payment Table Explanation