Summary Info
General Assembly decision about dividend distribution
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
27.04.2021
Date of Related General Assembly
28.04.2021
Was The Issue of Dividend Payment Negotiated?
Discussed
Type of Cash Dividend Payment
2 Installment
Currency Unit
TRY
Stock Dividend
Will Not Be Paid
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
1. Installment
2,0000000
200
15
1,7000000
170
BIMAS, TREBIMM00018
2. Installment
2,0000000
200
15
1,7000000
170
BIMAS, TREBIMM00018
TOTAL
4,0000000
400
15
3,4000000
340
Dividend Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
1. Installment
20.05.2021
20.05.2021
24.05.2021
21.05.2021
2. Installment
17.11.2021
17.11.2021
19.11.2021
18.11.2021
(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;

- To pay gross amount of TRY 2.428.800.000 cash dividend which corresponds to the 400% of the capital to the shareholders and the total cash dividend to be sourced from 2020 profit and retained earnings.

- No funds shall be allocated as 1st legal reserve, as the legal threshold defined on the 519th article in the Turkish Commercial Code has been reached.

- TRY 239.884.000 shall be allocated as 2nd 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 4,00 to shareholders whose dividends are not subject to withholding tax and shall be paid a net dividend of TRY 3,40 (gross TRY 4,00) for each share of TL 1 for other shareholders,

- distribution of cash dividend shall be proposed to be implemented in two installments, first installment be distributed as gross TRY 2,00 for each share from 20th May 2021 and second installment as TRY 2,00 for each share from 17th November 2021.

The profit distribution table is presented in Annex

Supplementary Documents
Appendix: 1
2020 Kar Dagitim Tablosu_revize.pdf
Appendix: 2
2020 Profit Distribution Table_revised.pdf
DIVIDEND DISTRIBUTION TABLE
BİM BİRLEŞİK MAĞAZALAR A.Ş. 01.01.2020/31.12.2020 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
607.200.000
2. Total Legal Reserves (According to Legal Records)
893.850.030
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
3.351.658.000
3.315.419.388
4. Taxes Payable (-)
744.843.000
787.025.839
5. Net Current Period Profit
2.606.815.000
2.528.393.549
6. Losses in Previous Years (-)
0
0
7. Primary Legal Reserve (-)
0
0
8. Net Distributable Current Period Profit
2.606.815.000
2.528.393.549
Dividend Advance Distributed (-)
0
0
Dividend Advance Less Net Distributable Current Period Profit
2.606.815.000
2.528.393.549
9. Donations Made During The Year ( + )
47.679.273
47.679.273
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
2.654.494.273
2.576.072.822
11. First Dividend to Shareholders
796.348.282
772.821.847
* Cash
796.348.282
772.821.847
* 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
1.570.622.718
1.515.727.702
16. Secondary Legal Reserves
239.844.000
239.844.000
17. Statutory Reserves
0
0
18. Special Reserves
0
0
19. Extraordinary Reserves
0
0
20. Other Distributable Resources
61.829.000
140.250.451
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 (%)
- - -
2.064.480.000
0
79,2
3,4
340
TOTAL
2.064.480.000
0
79,2
3,4
340
Dividend Rate Table Explanations

There is no privileged shares.