ALROSA to pay 2019 divs from bigger sum Ц IFRS profit, FCF - Metals & Mining - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

ALROSA to pay 2019 divs from bigger sum Ц IFRS profit, FCF

VLADIVOSTOK, Sep 5 (PRIME) -- Russian uncut diamond mining giant ALROSA will pay dividends for 2019 either from the net profit under International Financial Reporting Standards (IFRS) or from free cash flow depending on which sum is bigger, CEO Sergei Ivanov told reporters on the sidelines of the Eastern Economic Forum on Thursday.

Under the dividend policy, ALROSA makes a dividend decision on the basis of the net debt to earnings before interest, taxes, depreciation, and amortization (EBITDA) ratio, and that 50% of the IFRS net profit is the lowest sum for the payments.


05.09.2019 12:32
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 68.2924 -0.3932 25 jan
USD 61.8031 -0.1484 25 jan
Stock Market Indices
1D 1W 1M 1Y
rtsi 1599.82 +0.23 18:50 24 jan
micex 3146.20 +0.16 18:50 24 jan
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 238.24 -0.44 18:20 24 jan
lkoh 6610.00 +0.30 18:20 24 jan
rosn 474.25 +0.24 18:20 24 jan
sber 265.75 +0.77 18:20 24 jan
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 68.1350 -0.4850 14:59 24 jan
USDTD 61.8200 -0.1325 17:44 24 jan