Summary Info
Ordinary General Assembly Dividend Distribution Result
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Related Companies
FROTO
Board Decision Date
21.02.2017
Date of Related General Assembly
23.03.2017
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 (%)
A Grubu, FROTO, TRAOTOSN91H6
Payment In Advance
1,14
114
0,969
96,9
B Grubu, İşlem Görmüyor, TREFRTO00011
Payment In Advance
1,14
114
1,14
114
C Grubu, İşlem Görmüyor, TREFRTO00029
Payment In Advance
1,14
114
0,969
96,9
Cash Dividend Payment Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
Payment In Advance
03.04.2017
03.04.2017
05.04.2017
04.04.2017
Amount and Rate of Cash Dividend Stock Dividend Payment
Share Group Info
Amount of Stock Dividend (TL)
Rate of Stock Dividend (%)
A Grubu, FROTO, TRAOTOSN91H6
0
0
B Grubu, İşlem Görmüyor, TREFRTO00011
0
0
C Grubu, İşlem Görmüyor, TREFRTO00029
0
0
Additional Explanations

Ordinary General Assembly Meeting was held on March 23, 2017 Thursday at 15:00 at the address of "Divan Istanbul Hotel - Asker Ocağı Caddesi No:1 34367 Şişli / İstanbul (Tel: +90 212 315 55 00, Faks: +90 212 315 55 15)". Summary of the meeting minute:

- To present; not to allocate 5% first rank legal reserve required by Article 519 of the Turkish Commercial Code for 2016 since the amount of first rank legal reserve has already reached 20% of share capital in tax books as of 31.12.2016; to cover TL 38.249.190 second rank legal reserve from net income of TL 955.307.659 which is in the financial statements prepared within the framework of CMB's regulations and pay % 114,00 gross (%96,90 net) in proportion and TL 400.037.400 total gross dividend in cash assuming each share with a nominal value of 1-TL pays Kr 114.00 gross (Kr. 96,90 net in accordance with the Dividend Distribution Proposal) and allocate the remaining TL 517.021.069 as extraordinary reserves;

- According to the tax regulations, TL 38.249.190 second type legal reserve and TL 400.037.400 gross cash payment dividend will be allocated from current year profit, according to statutory books, TL 309.825.623 will be allocated as extraordinary reserves after payment of dividend from current year profit to shareholders and after reserving for second type legal reserves.

To make the dividend distribution in accordance with the dematerialization regulations of Merkezi Kayıt Kuruluşu A.Ş. (Central Registry Agency Corporation) starting from April 3, 2017 is decided.

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.

Supplementary Documents
Appendix: 1
Kar Dağıtım Önerisi 23032017.pdf
Appendix: 2
Dividend Distribution Proposal 23032017.pdf
DIVIDEND DISTRIBUTION TABLE
FORD OTOMOTİV SANAYİ A.Ş. 01.01.2016/31.12.2016 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
350.910.000
2. Total Legal Reserves (According to Legal Records)
284.206.864
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
970.170.917
768.525.829
4. Taxes Payable (-)
-14.863.258
-20.413.616
5. Net Current Period Profit
955.307.659
748.112.213
6. Losses in Previous Years (-)
0
0
7. Primary Legal Reserve (-)
0
0
8. NET DISTRIBUTABLE CURRENT PERIOD PROFIT
955.307.659
748.112.213
Dividend Advance Distributed (-)
0
0
Dividend Advance Less Net Distributable Current Period Profit
955.307.659
748.112.213
9. Donations Made during the Year ( + )
22.131.962
0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
977.439.621
748.112.213
11. First Dividend to Shareholders
400.037.400
0
* Cash
400.037.400
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
0
0
16. Secondary Legal Reserves
38.249.190
0
17. Statutory Reserves
0
0
18. Special Reserves
0
0
19. EXTRAORDINARY RESERVES
517.021.069
309.825.623
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 (%)
A Grubu
67.446.005,75
0
8,31
0,969
96,9
B Grubu
156.532.536,04
0
16,39
1,14
114
C Grubu
139.533.128,62
0
17,18
0,969
96,9
TOTAL
363.511.670,41
0
41,88
1,04
104,3