|
Summary Info
|
Ordinary General Assembly Dividend Distribution Result
|
|
Update Notification Flag
|
Yes
|
|
Correction Notification Flag
|
No
|
|
Postponed Notification Flag
|
No
|
|
|
Decision Date
|
13.02.2023
|
|
Date of Related General Assembly
|
09.03.2023
|
|
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 withholding tax rates for Group A and B shares, and for Group C shares, the rate in the Double Taxation Agreement are used.
|
|
Information Regarding How To Calculate That Lower Dividend Witholding Rate Than The Current Rate
|
Group B shareholders, resident in Turkey, are full taxpayer companies. Therefore, the withholding rate was applied as 0 (zero) percent, and for Group C shares, the rate in the Double Taxation Agreement was applied.
|
|
Cash Dividend Payment Amount and Rates
|
|
|
|
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
|
14,2500000
|
1.425
|
10
|
12,8250000
|
1.282,5
|
|
B Grubu, İşlem Görmüyor, TREFRTO00011
|
Payment In Advance
|
14,2500000
|
1.425
|
0
|
14,2500000
|
1.425
|
|
C Grubu, İşlem Görmüyor, TREFRTO00029
|
Payment In Advance
|
14,2500000
|
1.425
|
5
|
13,5375000
|
1.353,75
|
|
|
|
|
|
Proposed
Ex-Dividend Date
|
|
|
|
|
Payment In Advance
|
13.03.2023
|
13.03.2023
|
15.03.2023
|
14.03.2023
|
|
|
(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
|
|
|
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
|
|
|
|
|
|
Ordinary General Assembly Meeting was held on March 09, 2023 Thursdat at 11:00, 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 2022 since the amount of first rank legal reserve has already reached 20% of share capital in tax books as of 31.12.2022; to cover TL 498.292.200 first rank legal reserve from net income of TL 18.613.943.141 which is in the financial statements prepared within the framework of CMB's regulations and pay % 1.425 gross (% 1.282,50 net) in proportion and TL 5.000.467.500 total gross dividend in cash, including TL 5.000.467.500 first dividend to shareholders assuming each share with a nominal value of 1-TL pays TL 14,25 gross (TL. 12,8250 net in accordance with the Dividend Distribution Proposal) and allocate the remaining TL 13.115.183.441 as extraordinary reserves;
- According to the tax regulations, to pay TL 5.000.467.500 total gross dividend in cash after allocating TL 498.292.200 first rank legal reserve from TL 15.648.853.307 current year profit of the year 2022 and allocate TL 10.150.093.607 as extraordinary reserves after payment of dividend
- To determine dividend distribution date as March 13, 2023 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.
|
|
|
|
Appendix: 1
|
Kar dağıtım Tablosu.pdf
|
|
Appendix: 2
|
Dividend Distribution Proposal.pdf
|
|
|
|
|
|
DIVIDEND DISTRIBUTION TABLE
|
FORD OTOMOTİV SANAYİ A.Ş. 01.01.2022/31.12.2022 Period Dividend Payment Table (TL)
|
|
1.Paid-In / Issued Capital
|
350.910.000
|
|
2. Total Legal Reserves (According to Legal Records)
|
1.420.763.003
|
|
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
|
15.623.207.378
|
15.742.875.634
|
|
4. Taxes Payable (-)
|
-2.990.735.763
|
94.022.327
|
|
5. Net Current Period Profit
|
18.613.943.141
|
15.648.853.307
|
|
6. Losses in Previous Years (-)
|
0
|
0
|
|
7. Primary Legal Reserve (-)
|
0
|
0
|
|
8. Net Distributable Current Period Profit
|
18.613.943.141
|
15.648.853.307
|
|
Dividend Advance Distributed (-)
|
0
|
0
|
|
Dividend Advance Less Net Distributable Current Period Profit
|
18.613.943.141
|
15.648.853.307
|
|
9. Donations Made During The Year ( + )
|
260.551.821
|
0
|
|
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
|
18.874.494.962
|
0
|
|
11. First Dividend to Shareholders
|
|
|
|
* Cash
|
5.000.467.500
|
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
|
498.292.200
|
0
|
|
17. Statutory Reserves
|
0
|
0
|
|
18. Special Reserves
|
0
|
0
|
|
19. Extraordinary Reserves
|
13.115.183.441
|
10.150.093.607
|
|
20. Other Distributable Resources
|
0
|
0
|
|
Dividend Payment Rates Table
|
|
|
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
|
888.617.412
|
0
|
4,77
|
12,825
|
1.282,5
|
|
B Grubu
|
1.966.317.450
|
0
|
10,56
|
14,25
|
1.425
|
|
C Grubu
|
1.949.359.885
|
0
|
10,47
|
13,5375
|
1.353,75
|
|
TOTAL
|
4.804.294.747
|
0
|
25,8
|
|
|
|