Distribution of profit
In relation to the distribution of net profit and the payment of dividends, PAO Sovcomflot is governed by Instructions
|Area||Amount, RUB million||Comment|
|Amount of dividends transferred to the federal budget||7,181||Paid from the 2019 profit|
|Amount allocated to the reserve fund||0||The reserve fund is fully formed|
|Amount allocated to other funds and their names||0||There are no other funds|
|Amount allocated to implement investment projects||24||Recapitalization of a subsidiary to finance the construction of an LNG carrier (hull 8008)|
A resolution regarding the allocation of the financial result for the reporting year, including the dividend payment for 2020, will be adopted at the Annual General Meeting of Shareholders in 2021.