Dividends

Dividends are distributed from annual net income and/or other available reserves, after the annual financial statements are approved at the Annual General Meeting.

Payments are made through BancPost distribution network (Mo-Fr, 9:00-17:00) as described in detail in the
Dividend Collection Guide.
| Year |
Dividend per share (lei, gross) |
Registration |
Ex-dividend |
Payment |
| 2011 |
1,100 |
15-May-12 |
11-May-12 |
20-Aug-12 |
| 2010 |
0,116 |
16-May-11 |
12-May-11 |
22-Aug-11 |
| 2009 |
0,050 |
17-May-10 |
13-May-10 |
16-Aug-10 |
| 2008 |
0,300 |
18-May-09 |
14-May-09 |
17-Aug-09 |
| 2007 |
0,360 |
15-May-08 |
13-May-08 |
25-Jun-08 |
| 2006 |
1,470 |
14-May-07 |
10-May-07 |
25-Aug-07 |
Dividends are paid on an after-tax basis, that is the residual amount that results after tax is deducted from the gross amount. Tax is calculated in accordance with Romanian tax regulations. Dividend tax is withheld and transferred to the tax authorities by Transelectrica.
Tax rates are applicable to shareholders in accordance with tax legislation in force.