According to the Company’s Articles of Association, the amount of distributed dividends is derived from net profit as determined in the decision of the Annual General Meeting of Shareholders (GMS) in accordance with applicable regulations.
Referring to the Resolution of Annual GMS on the Approval of Annual Report and Ratification of Financial Statements for 2016 Fiscal Year, net profit of the Company that allocated for dividend payment amounted to IDR63,500,000,000 or ±20% of the Company’s 2016 net profit.
Dividend has been paid as Non-Tax Revenue by June 20th, 2017 in accordance to Ministry of Finance Regulation (PMK) No. 5/PMK.02/2013 regarding The Procedure for Depositing Non-Tax Revenues.