Thac Mo Hydro Power Joint Stock Company announced the resolution of Annual General Meeting 2014, organized on June 06, 2014:
Article
1:
Approving the financial report of 2013 and business plan for 2014, with main
figures:
1) Profit
and loss in 2013:
-
Electricity production: 743.416 million kWh
-
Total revenue: VND 520.113 billion
-
Profit after tax of parent company: VND 156.390
billion
2) Business
plan for 2014:
-
Electricity production: 741.000 million kWh
-
Total revenue: VND 386.380 billion
-
Total operating cost: VND 297.210 billion
-
Profit after tax: VND 69.752 billion
-
Investment & development plan: VND 6.287
billion
-
Capital contribution plan: VND 20,000 billion
Article
2:
Approving the 2013 audited financial statements, including basic items as
follows:
1) Total
assets at December 31, 2013: VND 1,456.765 billion
In which:
-
Current assets: VND 484.557 billion
-
Long-term assets: VND 972.208 billion
2) Total
liabilities at December 31, 2013: VND 1,456.765 billion
In
which:
-
Liabilities: VND 483.743 billion
-
Owner’s equity: VND 937.187 billion
-
Interests of minority shareholders: VND35.835 billion
Article
3:
Approving the report of the Board of Directors on the company management in 2013.
Article
4:
Approving the report of the Board of Supervisors on the verification of
business reports, financial reports in 2013.
Article
5:
Approving the profit distribution and dividend payment plans in 2013:
1) Profit
distribution plans:
-
Profit after tax: VND 149,430,503,527
-
Dividend payment: VND 140,000,000,000
-
Investment & development fund: VND 4,374,098,527
-
Bonus fund: VND 2,357,000,000
-
Welfare fund: VND 2,357,000,000
-
Bonus for the Managing Board: VND 342,405,000
-
Undistributed profit: VND0
2) Dividend
payment plan:
-
Payment ratio: VND2,000/share
-
Total paid dividend: VND140,000,000,000.
-
Payment method: in cash or transfer.
Article
6:
Approving reports on wage and remuneration of the Board of Directors, the Board
of Supervisors in 2013, and a plan to pay wage and remuneration to the Board of
Directors, the Board of Supervisors in 2014 as follows:
1) Total
wage and remuneration of the Board of Directors and the Board of Supervisors in
2013: VND 1,095,395,000.
2) Total
wage and remuneration of the Board of Directors and the Board of Supervisors in
2014: VND 1,095,395,000.
Article
7:
Approving that the BOD Chairman concurrently holds the post of CEO in 2014.
Article
8:
Choosing the auditing firm for Thac Mo Hydro
Power Joint Stock Company in 2014.
Article
9:
This resolution takes effect as of June 06, 2014.