RATCH Annual Report 2013 - page 46

46
Annual Report
2013
Dividend Payment Policy
The Company has a policy to pay dividend at no less than 40 per cent of its total net profit according
to the consolidated financial statements after legal reserve and other reserves. However, such dividend
payment also depends on the Company’s cash flow.
Ratchaburi Electricity Generating Company Limited, the principle subsidiary, has a policy to pay
dividend to the Company at 100 per cent of its net profit after legal reserves and other reserves.
2001 3,060
2,907
49.9
1,450
1,450
1.00
2002 4,729
4,492
48.4
2,175
1,450
1.50
2003 5,424
5,153
49.2
2,537
1,450
1.75
2004 6,487
6,162
47.1
2,900
1,450
2.00
2005 6,066
5,763
50.3
2,900
1,450
2.00
2006 6,106
5,955
51.1
3,045
1,450
2.10
2007 5,829
5,829
52.2
3,045
1,450
2.10
2008 6,493
6,493
49.1
3,190
1,450
2.20
2009 6,740
6,740
48.4
3,263
1,450
2.25
2010 5,226
5,226
62.4
3,263
1,450
2.25
2011 4,849
4,849
67.3
3,263
1,450
2.25
2012 7,726
7,726
42.6
3,292
1,450
2.27
2013 6,187
6,187
53.2
3,292
1,450
2.27
/2
Profit after
legal reserves
(Million Baht)
/1
Year
The Company’s dividend payment detail is as follows:
Profit
(Million
Baht)
% of dividend
payment
No. of
shares
(Million)
Paid dividend
(Million Baht)
Dividend per
share (Baht)
Remarks
/1
The Company has to deduct no less than 5 per cent of profit for legal reserve until such reserve is no less than 10 per cent
of the registered capital or Baht 1,450 million. The Company has achieved this requirement since 2006.
/2
An agenda proposed for shareholders’ approval in the 2014 Shareholders’ Annual General Meeting to be held on 28 March 2014.
The Company paid interim dividend for the 6-month period (January-June 2013) at Baht 1.10 per share on 18 September 2013
1...,36,37,38,39,40,41,42,43,44,45 47,48,49,50,51,52,53,54,55,56,...292
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