Traphaco Joint Stock Company (TRAPHACO) has announced resolution of the 2013 annual shareholders’ meeting as follows:
Article 1: Approving of the
2013 business results:
-
Revenue (not including VAT): VND1,682 billion
(Reaching 93.4% of the VND1,800 billion of plan and
increasing 20.1% of 2012 result)
-
Revenue of its products in exclusive dealing
(not including VAT): VND1,097 billion
(Reaching 91.4% of the VND1,200 billion of plan and increasing
11.3% of 2012 result)
-
Revenue of other products & services (not
including VAT): VND281 billion
(Reaching 75.9% of the VND370 billion of plan and
decreasing 12.9% of 2012 result)
-
Revenue of the subsidiaries (not including
VAT): VND304 billion
(Reaching 132.1% of the VND230 billion of plan and
increasing 328.6% of 2012 result)
-
Profit before tax: VND230,908,772,804
-
Corporative income tax: VND59,713,180,058
-
Deferred corporative income tax: VND2,645,862
-
Profit after tax: VND171,192,946,884
-
Minority interest: VND21,770,784,584
-
Profit after tax of parent company: VND149,422,162,300
(Reaching 101.6% of the VND147 billion of plan and
increasing 28% of 2012 result)
-
State budget payable: VND101,771,000,000
-
Average earned income: increasing 10%
compared to 2012
-
Remuneration for the Board of Directors and
the Board of Supervisors: VND3,400,000,000
·
Member of the Board of Directors:
VND2,800,000,000
·
Member of the Board of Directors:
VND600,000,000
Article 2: Approving of the 2013
audited financial statements with some following items:
Unit:
VND
-
Total assets: 1,087,714,661,252
-
Owner’s equity: 683,250,010,404
-
Equity: 246,764,330,000
-
Capital surplus: 153,747,160,000
-
Share premiums: 92,063,700,000
-
Funds & undistributed profit: 282,738,520,405
-
Total revenue and other incomes: 1,686,355,084,104
-
Total expenses: 1,461,822,065,007
-
Profit before tax: 230,908,772,804
-
Profit after tax: 171,192,946,884
Article 3: Approving of the
Supervisory Board’s report.
Article 4: The plan for 2014:
-
Total revenue (not including VAT): VND1,860
billion
-
Profit after tax: VND162 billion, increasing
8.7% of the 2013 result
-
Average earned income: increasing 10%
Article 5: Approving of the 2013
profit distribution, the 2014 plan and the 2014 compensation plan for
Management Board:
- The 2013 profit distribution:
-
Bonus and welfare fund (8%): VND10,943,300,404
-
Dividend payment (20%): VND49,346,580,000
-
Paying bonus for management (assigning the
CEO to make the plan): VND2,500,000,000
-
Supplementing the remains into investment and
development fund: VND74,001,374,645
- The 2014 plan:
-
Bonus and welfare fund: 8%
-
Dividend: 20% by cash
-
The remaining profit adds investment and
development fund
- Compensation to
the BOD & Supervisory Board in 2014: VND4,100,000,000
-
Compensation to the BOD: VND3,500,000,000
-
Compensation to the Supervisory Board: VND600,000,000
-
The compensation is recorded into
administration expenses.
Article 6: Approving the
choosing an auditing company to audit for financial statements in 2014.
Article 7: Approving election
results of the Board of Directors and the Board of Supervisors for the term
2011-2016:
-
List of the Board of Directors:
·
Phan Quoc Cong
·
Tran Manh Huu
-
List of the Board of Supervisors
·
Nguyen Thi Luong Thanh
Article 8: Approving amending
the company’s regulation
Article 9: The resolution is
valid as from March 28, 2014.
