The Russian Finance Ministry will recommend to direct on dividends for 2016 half net profit of ALROSA for 2016, said the head of the Ministry Anton Siluanov, who is chairman of the supervisory board of the diamond monopoly.
"Fifty percent," - he told reporters, when asked what percentage of the profit of ALROSA Finance Ministry proposes to send the dividend.
The dividend policy of ALROSA expects to pay in the amount of 35% of net profit, but last year ALROSA for the first time transferred to shareholders of 50% - in line with the directive of the Government, set this threshold for all state-owned companies at the end of 2015. On the eve of the SPO, held in July 2016, the company's management and officials said the possibility of continuing the practice of payment of 50% of net profit.
Net profit of ALROSA under IFRS for 2016 amounted to 133.471 billion rubles, which is 4 times higher than a year earlier. Net cash flow rose by 2.7 times to 111.4 billion rubles.
In the Russian Federation, represented by the Federal Property Agency 33% stake in Alrosa, Yakutia owns 25% plus one share. Another 8% of the shares owned by the Yakut ulus. Free float ALROSA - about 34%. Among the major minority shareholders of ALROSA - American Funds Lazard, Oppenheimer and Capital Group.
ALROSA continues to discuss with the Federal Property Management Agency change the dividend policy and the dividend calculation is not of net profit under IFRS, and on cash flow, said in April, Vice President - Chief Financial Officer Igor Kulichik company.
http://www.feedlisting.com/rss-feed-url/898218.html
1 comment:
According to the Administration on diamonds, special stones and jewelery (Diamonds, Special Stones and Jewelry Administration , DSJA) of the Israeli Ministry of Economy and Industry (formerly bore the name Diamond Controller Office), there was a significant drop in the Israeli import and export as the diamond in 2015, so and diamonds.
Net polished diamond exports in 2015 amounted to $ 4.993 billion, a decrease of 20.3% compared to 2014 year, while net rough imports totaled only $ 2.78 billion for the previous year, a decrease of 30.9% compared to 2014 year.
Commenting on the results of 2015, the director of DSJA Shmuel Mordechai (Shmuel Mordechai) said that this year was a time of global crisis in the diamond sector, amid falling demand from the US and China, and the abnormal rise in prices of rough diamonds, along with cuts in the price of diamonds. Mordechai also noted improvement in world trade in the diamond industry over the Christmas period.
The United States remains the most important destination for Israeli diamond exports, with net exports of about $ 2 billion, followed by Hong Kong ($ 1.35 billion), Belgium ($ 0.415 billion) and Switzerland ($ 0.362 billion).
Post a Comment