Press Releases

Budapest, March 28, 2014 11:00

Magyar Telekom announces that its subsidiary, Makedonski Telekom AD – Skopje (MakTel), has decided at its General Meeting on a total dividend payment in a gross amount of MKD 2.72 billion (around HUF 13.74 billion at the March 27, 2014 HUF/MKD exchange rate of 5.05) for the financial year 2013.

According to Macedonian Accounting Standards (MAS), on a standalone basis, MakTel recorded a net income of MKD 2.72 billion for 2013, all of which will be distributed as dividend in line with the decision of the General Meeting.

Stonebridge Communications AD Skopje, which is 100% owned by Magyar Telekom, is entitled to a gross dividend of approximately MKD 1.54 billion (HUF 7.78 billion) or if adjusted with the 10% profit tax, a net dividend of approximately MKD 1.39 billion.