A.Ulyukaev: Issue on increase of dividends for state-owned companies to 35% isn’t urgent today
Edited by Rhod Mackenzie / 2014-01-29 08:36:45
~~The Russian Ministry of Economic Development doesn’t find necessary to increase standard of dividends for state-owned companies to 35% in the medium-term perspective, the Ministry’s Head A.Ulyukaev reported.
Earlier the First Vice Prime Minister of Russia, I.Shuvalov stated that payment of dividends in the amount of 35% of companies’ net profit under IAS may start in 2015.
The Minister of Finance A.Siluanov supports this idea, but from 2016.
The Russian Ministry of Finance made the forecast of returns from use of government property on the assumption of the fact that state-owned companies will start to pay dividends on the basis of not Russian accounting, but consolidated one under IAS from 2016.
