If you can see this message, your browser does not support canvas and needs an update. Sorry. :(
Sunday, May 16, 2021 
Market Status: Closed
About us and Governance Investor Relations Contact
Advanced search

Market News


ANTIBIOTICE S.A. - ATB

2020 Dividend proposal

Release Date: 3/18/2021 6:00:17 PM

IRIS Code: BF8BA

I.2. Approving net profit distribution on 2020, setting the gross dividend per share and the payment term

 

1.  The distribution of profit after the deduction of the profit tax was made in accordance with the provisions of the Government Ordinance 64/2001, with the subsequent amendments and based on Decision of the OGMS no.2/16.09.2020, concerning the approval of the rectified 2020 Income & Expenditure Budget.

2.    The accounting profit of 26,388,049 LEI relative to fiscal year 2020 was distributed as follows:
 

                       Destination

Amount(lei)

Profit to distribute:

26,388,049

- legal reserve

0

- other reserves from profit according to the law

24,168,397

dividends, of which:

-         dividends due to the main shareholder

-         dividends due to other legal and natural persons 

2,219,652

1,176,799

1,042,853

 

3.   As a consequence of applying the Fiscal Code, art. 22, par. 5 "the amount of the profit for which the profit tax exemption was granted, except for the part of the legal reserve, shall be distributed at the end of the financial year, priority being given to the constitution of the reserves, up to the balance of the accounting profit recorded at the end of the financial year".

 

4.    The amounts representing profit tax exemptions and other allocations provided by law are:

 

  • The tax facilities for profits invested in technological equipment, electronic computers and peripheral equipment, home and office machines, control and billing machines, as well as in software programs produced and/or purchased according to Art. 22 paragraph 5 of the Fiscal Code in the amount of 14,452,190 LEI;
  • 7.000.410 lei other allocations provided by law, according to art. 1, letter c) of GO no. 64/2001 representing losses from the distribution of the profit for which an exemption was granted between 2015-2016;
  • Tax incentives for development and research activities according to art. 20 of the Tax Code in the amount of 2,715,797 LEI;
  • TOTAL =  24,168,397 LEI.

 

5.    Total dividends amounting to 2,219,652 lei, represent the difference between the profit to distribute amounting to 26,388,049 lei and other reserves provided by the law, worth 24,168,397 lei. Dividends are distributed as follows:

 

·         Ministry of Health (53.0173%) 

1,176,799  LEI

·         Other legal entities and individuals (46.9827%)

1,042,853  LEI

 

 The gross dividend per share for the financial year 2020 is 0.00330631 LEI.

The payment of the dividends for 2020 wil be made starting with 20.09.2021, as per the legal provisions in force.

We mention that the dividend payment value is calculated by rounding to two decimal places.      

Consistent with our policies concerning the increase of the turnover, the reduction of costs and bringing of new products to market at more affordable prices that will lead to savings for both the population and the state budget, we continue to pay special attention to the Investment Program for the current period and especially for the Investment Program in 2021.

 

 

       GENERAL MANAGER                                                                       FINANCIAL DIRECTOR

           Ec. Ioan NANI                                                                           Ec. Paula COMAN

 



 Print

Information provided by IRIS, the news platform of the Bucharest Stock Exchange.

______________________

Bucharest Stock Exchange ("BVB") is not responsible for the content of this News item. Issuers whose financial instruments are traded on markets operated by BVB are required to report in accordance with current legal and regulatory provisions. BVB publishes these Reports as market administrator, appointed by ASF. When, for investors’ information, Reports are published, either signed by different persons, or with conflicting information, legal liability lies fully with the signatories. BVB disclaims any obligation or responsibility towards issuers or third parties, regarding the reality, completeness and accuracy of information provided by them and distributed by BVB. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.


©2016 Bucharest Stock Exchange. All rights reserved