Sheremetyevo might pay 15.7 mln rubles in dividends for 2012
MOSCOW. May 30 (Interfax) - The board of directors of Sheremetyevo International Airport has recommended that shareholders vote at their June 28 annual meeting to accept dividends of 15.68 million rubles for 2012, the company said in a statement.
The Moscow airport paid dividends of 580.658 million rubles for 2011.
Sheremetyevo chief executive Mikhail Vasilenko said earlier that the company's net profit plunged more than 95% to 62 million rubles in 2012. He attributed this to the increase in the airport's debt burden following its consolidation of Terminal D in April 2012. Terminal D was previously owned by Aeroflot , Vnesheconombank (VEB) and VTB .
The board also recommended that shareholders confirm LLC Ernst & Young as auditor for 2013.
The Russian government owns 83.04% of shares in the airport, Aeroflot owns 8.96%, VEB holds 4.24% and VTB holds 3.76%.
