Annual Report 2011 - Magnitogorsk Iron & Steel Works ...

2011 /
ANNUAL REPORT
About Us Sales Markets
Finances
Risks
Social Sphere
Management
Information
Publication of Production Results
10 February 2012
20 April 2012
25 May 2012
2012 Financial Calendar*
General Shareholders' Meetings
Board of Directors Meetings
OJSC MMK Annual General
Shareholders' Meeting
OJSC MMK Board of Directors
Meetings
Publication of RAS Financial Statements
22 March 2012 Q4 (12 months) 2011
May 2012 Q1 (3 months) 2012
August 2012 Q2 (6 months) 2012
October 2012 Q3 (9 months) 2012
Publication of IFRS Financial Statements
18 April 2012 Q4 (12 months) 2011
June 2012 Q1 (3 months) 2012
September 2012 Q2 (6 months) 2012
December 2012 Q3 (9 months) 2012
Publication of Production Results
27 January 2012 Q4 (12 months) 2011
26 April 2012 Q1 (3 months) 2012
July 2012 Q2 (6 months) 2012
October 2012 Q3 (9 months) 2012
*dates are subject to change (http://www.mmk.ru/for_investor/financial_calendar/ )
Report on Payment of Declared (Accrued) Dividends on OJSC MMK Shares
MMK's dividend policy is based on shareholders' interests and the Company’s requirements for further
growth and technological upgrades.
The Regulations on the Dividend Policy can be found at the following address: http://www.mmk.ru/
corporate_governance/internal_documents/group_documents/
Basis year
for dividend
accrual
Dividend per share,
RUB
2006 3.209
2007 0.920
2008 0.382
2009 0.37
2010 0.33
2011** 0.00
OJSC MMK Dividend Payments
76 77
Dividends accrued
34,112,381.11 RUB '000
1,287,696.70 USD '000
10,488,754.52 RUB '000
428,712.38 USD '000
4,268,594.06 RUB '000
173,891.90 USD '000
4,134,502.1 RUB '000
130,921.54 USD '000
3,687,528.90 RUB '000
121,420.12 USD '000
— RUB '000
— USD '000
*For 2006-2007 under US GAAP, for 2008-2010 under IFRS (parent company shareholders' profit for the period).
** At the meeting on April 20, 2012, the Board of Directors resolved not to distribute dividends for 2011.
Dividend as a
proportion of net
profit*
90 %
24 %
16 %
56 %
48 %
0 %