Our company, which is subject to the Registered Capital System, resolved that the issued capital of TL 7.834.774.153.000 be incremented by TL 220.127.116.117.000 up to 24.000.000.000.000 and that TL 16.050.417.791.259 of this incremented amount be provided from the Fixed Assets Revaluation Value Increment Fund while TL 114.808.055.741 be provided from the Cost Increment Fund and our shareholders be entitled to shares free of charge by a rate of 206,327 % during the meeting of the board of directors dated 02.06.2003 and numbered 2003/5; and the company management was duly authorized to take due actions in this aspect.
Our company shall issue registered shares of composition XII due to such increment and such share certificates shall have Coupon Numbered 6 for Receiving New Shares and the Coupon for Dividend for the Year 2003. New shares shall be delivered to our shareholders free of charge against the Coupon Numbered 5 for Receiving New Shares. The intermediary bank shall be employed for a period of 1 (one) month for initiating the delivery; and after such period delivery shall go on at company headquarters for an unlimited period of time.
The dividend deliveries recently undertaken by our company are as follows.
|From Profit of 1998||700.000||%50,00||350.000|
|From Profit of 1999||2.356.600||%88,65||2.089.150|
|From Profit of 2000||4.713.200||%100,00||4.713.200|
|From Profit of 2001||7.069.800||%65,00||4.595.370|
|From Profit of 2002||7.834.774||%55,50||4.348.299|
|From Profit of 2003||24.000.000||No dividend delivered as the current profit of the year deducted from the losses of the previous years assessed under IFRS.|
|From Profit of 2004||24.000.000||%60,00||14.000.000|
|From Profit of 2005||24.000.000||%40,00||9.600.000|
|From Profit of 2006||24.000.000||%125,00||30.000.000|
The cash dividends resolved for delivery from the profit of the year 2005, which amount to 40% of the issued capital (with a rate of gross 40,00%, net 36,28277% and amounting to gross YTL 0,400 and net YTL 0,3628277 for the nominal value share certificate with a value of YTL 1,00), shall be payable as of the date 15.05.2006.
Cash dividend payments shall be made against "2005 DIVIDEND COUPONS".
Dividend payments shall be made at the following headquarters between 15.05.2006 and 16.06.2006:
Under article 19 of the Communiqué on the Principles to be Observed by the Public Incorporated Companies Subjected to Capital market Law (Serial: IV, No: 27) stipulating that "The dividend amounts not collected by the shareholders and other persons participating in the profit and the dividend advance amounts not collected by the shareholders shall be subject to a period of prescription of five years as of the date of delivery", the dividends shall be payable at the above-mentioned company headquarters until 05.06.2003 in order to make it easier for the shareholders to receive their dividends, and the payment will continue at the company headquarters at the address Aydınevler Mah. Dumlupınar Cad. No: 24 A Blok Küçükyalı - Istanbul after such date.
Our company is a member of the OSD (Automotive manufacturers Association) and the monthly manufacture and sale figures are provided on a monthly basis. Thus, the sale figures of our company are available at OSD website as well.
Information on tenders awarded to Otokar in 2004, 2005 ve 2006 is shared with the public within the scope of Explanations on Special Events. You can access the Explanations on Special Events made during 2004 and 2005 on our web site.