Annual Report 2012


This financial performance analysis is based on the audited consolidated financial statements of Acron Group prepared in accordance with the international financial reporting standards (“IFRS”) and should be reviewed jointly with it. It is based on a comparison of the results of the financial year that ended December 31, 2012 and the financial year that ended December 31, 2011. In addition to the IFRS financial results and indices, this section contains management financial and operational information.

Acron’s shareholders approved the recommendation by the Board of Directors to pay interim dividends for nine months of 2012 in the amount of RUB 46 per share. Thus, the amount of dividends paid was RUB 1,853 million, or 16% of IFRS net profit for the nine months of 2012.

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