Summary Info
Ordinary General Assembly Decision for Profit Distribution
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Board Decision Date
08.02.2018
Date of Related General Assembly
28.05.2018
Was The Issue of Dividend Payment Negotiated?
Discussed
Type of Cash Dividend Payment
Cash Dividend Will Not Be Paid
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, İşlem Görmüyor, TRETTLK00021
0
0
0
0
B Grubu, İşlem Görmüyor, TRETTLK00039
0
0
0
0
C Grubu, İşlem Görmüyor, TRETTLK00047
0
0
0
0
D Grubu, TTKOM, TRETTLK00013
0
0
0
0
Amount and Rate of Cash Dividend Stock Dividend Payment
Share Group Info
Amount of Stock Dividend (TL)
Rate of Stock Dividend (%)
A Grubu, İşlem Görmüyor, TRETTLK00021
0
0
B Grubu, İşlem Görmüyor, TRETTLK00039
0
0
C Grubu, İşlem Görmüyor, TRETTLK00047
0
0
D Grubu, TTKOM, TRETTLK00013
0
0
Additional Explanations

It is resolved at our Company's Ordinary General Assembly for the year 2017 that;


Our Company's profit generated as a result of its activities performed between dates 01/01/2017 – 31/12/2017 according to the independently audited consolidated financial tables prepared in accordance with the provisions of "CMB Communique About Financial Reporting in Capital Markets No.II-14.1" is TL 1,135,532,329.14 and the commercial profit calculated within the scope of the provisions of Tax Procedure Law is TL 2,370,578,044.73;


Pursuant to the CMB Communique on Dividends No: II-19.1, the profit after tax amount of TL 1,135,532,329.14 shall be the base amount for dividend distribution;


Pursuant to article 11/1 of the CMB Communique on Dividends No:II-19.1, there are no losses in our Company's previous years' profit distribution table to be deducted on the grounds that our Company's recent assets (excluding the term profit of which previous losses shall be deducted priorly) are adequate;


Since our Company already reached the general legal reserve limit, which is 20% of the paid in capital in accordance with Article 519 of Turkish Commercial Code, this reserve is not required for 2017;


Net profit in the amount of 1,135,532,329.14 TL, shall be set aside, as the extraordinary legal reserved in order to provide a robust balance sheet.


Supplementary Documents
Appendix: 1
2017 Yılı Kar Dağıtım Tablosu.pdf
Appendix: 2
2017 Dividend Distribution Table.pdf
DIVIDEND DISTRIBUTION TABLE
TÜRK TELEKOMÜNİKASYON A.Ş. 01.01.2017/31.12.2017 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
3.500.000.000
2. Total Legal Reserves (According to Legal Records)
2.644.962.854
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
1.478.326.877,97
2.972.044.000,16
4. Taxes Payable (-)
342.794.548,83
601.465.955,43
5. Net Current Period Profit
1.135.532.329,14
2.370.578.044,73
6. Losses in Previous Years (-)
7. Primary Legal Reserve (-)
8. NET DISTRIBUTABLE CURRENT PERIOD PROFIT
1.135.532.329,14
2.370.578.044,73
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made during the Year ( + )
16.667.606,78
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
1.152.199.935,92
11. First Dividend to Shareholders
* Cash
* Stock
12. Dividend Distributed to Owners of Privileged Shares
13. Other Dividend Distributed
* To the Employees
* To the Members of the Board of Directors,
* To None Shareholders
14. Dividend to Owners of Redeemed Shares
15. Second Dividend to Shareholders
16. Secondary Legal Reserves
17. Statutory Reserves
18. Special Reserves
19. EXTRAORDINARY RESERVES
1.135.532.329,14
2.370.578.044,73
20. Other Distributable Resources
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
0
0
0
0
0
B Grubu
0
0
0
0
0
C Grubu
0
0
0
0
0
D Grubu
0
0
0
0
0
TOTAL
0
0
0
0
0
Dividend Payment Table Explanation