Summary Info
Ordinary General Assembly Dividend Distribution Result
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
18.02.2020
Date of Related General Assembly
16.03.2020
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
The current witholding rates are used.
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 (%)
A Grubu, FROTO, TRAOTOSN91H6
Payment In Advance
3,1200000
312
15
2,6520000
265,2
B Grubu, İşlem Görmüyor, TREFRTO00011
Payment In Advance
3,1200000
312
0
3,1200000
312
C Grubu, İşlem Görmüyor, TREFRTO00029
Payment In Advance
3,1200000
312
5
2,9640000
296,4
Dividend Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
Payment In Advance
23.03.2020
23.03.2020
25.03.2020
24.03.2020
(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 (%)
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 16, 2020 Monday 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 2019 since the amount of first rank legal reserve has already reached 20% of share capital in tax books as of 31.12.2019;

- To cover TL 107.729.370 first rank legal reserve from net income of TL 1.959.484.189 which is in the financial statements prepared within the framework of CMB's regulations and pay % 312,0000 gross (% 265,2000 net) in proportion and TL 1.094.839.200 total gross dividend in cash assuming each share with a nominal value of 1-TL pays Kr 312,0000 gross (Kr. 265,2000 net in accordance with the Dividend Distribution Proposal) and allocate the remaining TL 756.915.619 as extraordinary reserves;

- According to the tax regulations, to pay TL 1.094.839.200 total gross dividend in cash after allocating TL 107.729.370 first rank legal reserve from TL 1.681.729.862 net period profit of the year 2019 subject to distribution and allocate TL 479.161.292 as extraordinary reserves after payment of dividend.

- To determine dividend distribution date starting from March 23, 2020 is decided.
Supplementary Documents
Appendix: 1
Kar Dağıtım Önerisi_TR_16032020.pdf
Appendix: 2
Dividend Distribution Proposal_16032020.pdf
DIVIDEND DISTRIBUTION TABLE
FORD OTOMOTİV SANAYİ A.Ş. 01.01.2019/31.12.2019 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
350.910.000
2. Total Legal Reserves (According to Legal Records)
302.763.743
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
1.950.173.375
1.702.972.048
4. Taxes Payable (-)
-9.310.814
21.242.186
5. Net Current Period Profit
1.959.484.189
1.681.729.862
6. Losses in Previous Years (-)
0
0
7. Primary Legal Reserve (-)
0
0
8. Net Distributable Current Period Profit
1.959.484.189
1.681.729.862
Dividend Advance Distributed (-)
0
0
Dividend Advance Less Net Distributable Current Period Profit
1.959.484.189
1.681.729.862
9. Donations Made During The Year ( + )
37.368.279
0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
1.996.852.468
0
11. First Dividend to Shareholders
* Cash
998.426.234
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
96.412.966
0
16. Secondary Legal Reserves
107.729.370
0
17. Statutory Reserves
0
0
18. Special Reserves
0
0
19. Extraordinary Reserves
756.915.619
479.161.292
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 (%)
A Grubu
186.114.375
0
9,5
2,652
265,2
B Grubu
428.404.835
0
21,86
3,12
312
C Grubu
426.807.217
0
21,78
2,964
296,4
TOTAL
1.041.326.427
0
53,14