Summary Info
General Assembly decision about profit distribution from 2019 profit
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
04.05.2020
Date of Related General Assembly
05.05.2020
Was The Issue of Dividend Payment Negotiated?
Discussed
Type of Cash Dividend Payment
Payment In Advance
Currency Unit
TRY
Stock Dividend
Will Not Be Paid
The Reason For Applying A Lower Dividend Withholding Rate Than The Current Rate In Calculating Net Amount
-
Cash Dividend Payment Amount and Rates
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 (%)
Withholding Rate (%)
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
Payment In Advance
0,5000000
50
15
0,4250000
42,5
Dividend Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
Payment In Advance
13.05.2020
13.05.2020
15.05.2020
14.05.2020
(1) The date that the dividend will be paid and the share will start trading without dividend right (proposed).
(2) The date that the dividend will be paid and the share will start trading without dividend right (finalized).
(3) Date of entry to the accounts of the shareholders whose shares are traded on the stock exchange.
(4) Date of determination of the right holders of the type of shares traded on the stock exchange.
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

By the General Assembly it was decided that;

Post-tax profit for the year 2019 in the amount of TL 1.224.877.000 pursuant to the consolidated financial statements issued in accordance with the Communiqué No. II-14.1 of the Capital Markets Board:

- to pay gross amount of TRY 303.600.000 cash dividend which corresponds to the 50% of the share capital and %24,7 of the 2019 net profit,

- TRY 60.720.000 shall be allocated as 1 st legal reserve,

- TRY 27.324.000 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 0,5 to shareholders whose dividends are not subject to withholding tax and shall be paid a net dividend of TRY 0,425 (gross TRY 0,5) for each share of TL 1 for other shareholders,

- distribution of cash dividend shall be implemented fully at once from 13 th May 2020,

The profit distribution table is presented in Annex


Supplementary Documents
Appendix: 1
EK_Kar_Dagitim_Tablosu_2019_TR.pdf
Appendix: 2
EK_Kar_Dagitim_Tablosu_2019 _ENG.pdf
DIVIDEND DISTRIBUTION TABLE
BİM BİRLEŞİK MAĞAZALAR A.Ş. 01.01.2019/31.12.2019 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
607.200.000
2. Total Legal Reserves (According to Legal Records)
431.098.337
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
1.590.874.000
1.891.679.951
4. Taxes Payable (-)
365.997.000
416.247.983
5. Net Current Period Profit
1.224.877.000
1.475.431.968
6. Losses in Previous Years (-)
0
0
7. Primary Legal Reserve (-)
60.720.000
60.720.000
8. Net Distributable Current Period Profit
1.164.157.000
1.414.711.968
Dividend Advance Distributed (-)
0
0
Dividend Advance Less Net Distributable Current Period Profit
1.164.157.000
1.414.711.968
9. Donations Made During The Year ( + )
13.680.334
0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
1.177.837.334
0
11. First Dividend to Shareholders
303.600.000
0
* Cash
303.600.000
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 Non-Shareholders
0
0
14. Dividend to Owners of Redeemed Shares
0
0
15. Second Dividend to Shareholders
0
0
16. Secondary Legal Reserves
27.324.000
0
17. Statutory Reserves
0
0
18. Special Reserves
0
0
19. Extraordinary Reserves
833.233.000
1.083.787.968
20. Other Distributable Resources
0
0
Dividend Payment 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 (%)
- - -
258.060.000
0
22,17
0,425
42,5
TOTAL
258.060.000
0
22,17
0,425
42,5
Dividend Rate Table Explanations

Explanations about Dividend Payment Rates Table;

There is no privileged shares.