Interfax puts Gazprom dividend base for 9M 2019 at 830 bln rubles, or 10.52 rubles/share
MOSCOW. Dec 25 (Interfax) - The dividend policy that Gazprom's board of directors approved on Tuesday makes it possible to independently calculate future payouts as the Russian gas giant's financial statements are released.
Financial statements for the first nine months of 2019 are currently available. The company will publish financial statements for the 12 months at the end of next April.
The base for calculating dividends - adjusted net profit - is 830.479 billion rubles for the first nine months of 2019, which would result in a dividend of 10.52 rubles per share based on a payout of 30% of net profit to IFRS.
The adjusted base for Gazprom dividends based on financial statements for the first nine months of 2019 was calculated as follows (mln rubles):
| Profit attributable to PJSC Gazprom shareholders | 1 048 286 | |
| Exchange differences on operating items | + | 68 013 |
| Exchange difference on financial items | - | 230 816 |
| Loss on impairment of nonfinancial assets | + | 4 878 |
| Share of profit from associate companies and JV | - | 179 934 |
| Income from associate companies and JV | + | 120 052 |
| Total | 830 479 | |
| Dividend per share, rubles | 10.52 |