Summary Info
Presentation Change in Group A Shares at the Dividend Ratio Table
Update Notification Flag
No
Correction Notification Flag
Yes
Postponed Notification Flag
No
Reason of Correction
For the shareholders of Group A, according to the assumptions explained in the attached profit distribution table, the portion that was calculated as 195,40% by dividing the total amount payable to related capital amount has been changed as 193,80% which is the rate to be applied to natural persons subject to 15% withholding tax, on the request of MKK, for presentation purposes. The profit share amounting to TL 1 nominal value share is TL 1,9380 and the ratio is 193,80% for the natural persons on group A shares.
Board Decision Date
19.02.2018
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 (%)
A Grubu, FROTO, TRAOTOSN91H6
Payment In Advance
2,28
228
1,938
193,8
B Grubu, İşlem Görmüyor, TREFRTO00011
Payment In Advance
2,28
228
2,28
228
C Grubu, İşlem Görmüyor, TREFRTO00029
Payment In Advance
2,28
228
1,938
193,8
Cash Dividend Payment Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
Payment In Advance
02.04.2018
02.04.2018
04.04.2018
03.04.2018
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 19, 2018 Monday at 14:00 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 2017 since the amount of first rank legal reserve has already reached 20% of share capital in tax books as of 31.12.2017;

- To cover TL 78.252.930 second rank legal reserve from net income of TL 1.489.982.998 which is in the financial statements prepared within the framework of CMB's regulations and pay % 228,0000 gross (% 193,8000 net) in proportion and TL 800.074.800 total gross dividend in cash assuming each share with a nominal value of 1-TL pays Kr 228,0000 gross (Kr. 193,8000 net in accordance with the Dividend Distribution Proposal) and allocate the remaining TL 611.655.268 as extraordinary reserves;

- To cover TL 78.252.930 second rank legal reserve from 2017 net income of TL 1.312.155.198 which is formed in accordance with Tax Procedure Law records, pay TL 800.074.800 total gross cash dividend and allocate the remaining TL 433.827.468 as extraordinary reserves;

- To determine dividend distribution date starting from April 02, 2018 is decided.

Supplementary Documents
Appendix: 1
Kar Dağıtım Önerisi 19032018.pdf
Appendix: 2
Dividend Distribution Proposal 19032018.pdf
DIVIDEND DISTRIBUTION TABLE
FORD OTOMOTİV SANAYİ A.Ş. 01.01.2017/31.12.2017 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
350.910.000
2. Total Legal Reserves (According to Legal Records)
254.403.733
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
1.481.161.488
1.331.666.319
4. Taxes Payable (-)
-8.821.510
19.511.121
5. Net Current Period Profit
1.489.982.998
1.312.155.198
6. Losses in Previous Years (-)
0
0
7. Primary Legal Reserve (-)
0
0
8. NET DISTRIBUTABLE CURRENT PERIOD PROFIT
1.489.982.998
1.312.155.198
Dividend Advance Distributed (-)
0
0
Dividend Advance Less Net Distributable Current Period Profit
1.489.982.998
1.312.155.198
9. Donations Made during the Year ( + )
27.373.844
0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
1.517.356.842
1.312.155.198
11. First Dividend to Shareholders
758.678.421
0
* Cash
758.678.421
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
41.396.379
0
16. Secondary Legal Reserves
78.252.930
0
17. Statutory Reserves
0
0
18. Special Reserves
0
0
19. EXTRAORDINARY RESERVES
611.655.268
433.827.468
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
136.006.659
0
9,13
1,938
193,8
B Grubu
313.065.072
0
21,01
2,28
228
C Grubu
279.066.257
0
18,73
1,938
193,8
TOTAL
728.137.988
0
48,87
Dividend Payment Table Explanation

1)There is no privileged share group in the profit.

2) Within the group A shares, %0 withholding tax rate is applied for the dividend amount of TL 7.430.981 corresponding to known legal entities, 15% withholding tax rate is applied for the amount of TL 151.265.503 assuming that the rest of the shares are held by natural persons or foundations that are subject to withholding tax.

3)The %0 withholding tax rate is used when calculating net dividend for all of group B shares which belong to our taxpayer legal entity partners Koç Holding A.Ş and Temel Ticaret A.Ş.

4) The 15% withholding tax rate is used when calculating net dividend for all of group C shares which belong to our limited taxpayer partner Ford Motor Company.