Minutes of the annual General meeting of Shareholders. of Joint-Stock Company "Kazkommertsbank" The location of the Bank in Almaty, Gagarin Ave 135 J.

Size: px
Start display at page:

Download "Minutes of the annual General meeting of Shareholders. of Joint-Stock Company "Kazkommertsbank" The location of the Bank in Almaty, Gagarin Ave 135 J."

Transcription

1 Minutes of the annual General meeting of Shareholders of Joint-Stock Company "Kazkommertsbank" The location of the Bank in Almaty, Gagarin Ave 135 J. Place of holding the meeting in Almaty, Gagarin Ave 135 J. Date: 18 may Time: hour. Was attended by shareholders and representatives of shareholders: Shayakhmetov А. Representative of CAIC Common shares Mukazhanova А. Trustee of Mr Subhanberdin Common shares Tyo Т. Representative of European Bank for Common shares Reconstruction and Development Kotov М. Representative of Halyk Bank Pension Fund Common shares Ryspayeva Zh. Representative of The Bank of New York, instructed by 50 common share GDR holders Common shares Ryspayeva Zh. Representative of Zhalyn Ltd Common shares Halitov I. Shareholder Common shares from Kazkommertsbank: Managing Director - Nabiyev, A.R. Deputy chief accountant, - Maketayev N.A. Senior counsel, - Ryspaeva G. Corporate Secretary - Mukhamedyarova A.A. The total number of voting shares: pieces. At the General shareholders meeting was attended by shareholders and their representatives, owning common shares of the Bank with the right to vote (97,2668 % from total amount of voting shares). Powers of representatives of shareholders certified by duly executed powers of attorney. Agenda: 1. Approval of the Report of the Board of the Bank about the Bank's activity in 2006; 2. Approval of the audited annual financial statements of the Bank for year 2006; 3. About the order of distributing Bank's net income for year 2006 and the amount of deductions to the reserve capital of the Bank; 4. About dividends according to results of 2006; 5. Remuneration to members of the Board of Directors of the Bank; 6. Approval of an external auditor of the Bank; 1

2 7. Approval of the Code of corporate management of JSC «Kazkommertsbank» with amendments and additions 1; 8. Approval of amendments to and restatements in the financial statements of the Bank for 2003, 2004, 2005; 9. Election of a member of the Board of Directors of the Bank and determining the amount and terms of remuneration payment as an independent member of the Board of Directors of the Bank; 10. Consideration of shareholders ' appeals to actions of the Bank and its officials and results of consideration; 11. Informing the shareholders on the remuneration of the members of the Board of Directors and Executive body of the Bank; The meeting: Mukhamedyarova A.A. announced that a meeting of shareholders shall be deemed competent in accordance with article 45 of the Law On joint stock companies and proposed to elect Chairman of the meeting of Mr Shayakhmetova, A.R. Shayakhmetov, A.R. invited to elect a Secretary of the General meeting Мухамедьярову A.A., and also, in accordance with p.1 of article 46 of the Law «On joint stock companies», invited her to perform the functions of the counting Commission at the meeting of shareholders. Proposals voted on. For - 56 votes; Against - no; Abstained - no. Resolved: to elect Shayakhmetova A. Chairman and Мухамедьярову A. - Secretary of the General meeting of shareholders. The Chairman of the meeting informed the meeting that the Board of Directors to notify all shareholders of the present meeting, by publishing the announcement in the newspaper Kazakhstanskaya Pravda dated year. The chair proposed to determine the form of voting. A proposal to set an open form of voting at the General meeting of shareholders. For votes; Against - no; Abstained - no. Resolved: to define the open voting on the General meeting of shareholders. Chairman of the General meeting declared the meeting open, read out the agenda and proposed to approve the agenda of the General meeting. For votes; Against - no; Abstained - no. Resolved: to approve the agenda of the meeting. The Chairman proposed to proceed to consideration of the issues on the agenda. On the first issue of the Agenda was made by Mr. Nabiev, A.R., with the report of the Board about results of Bank's activity for 2006: The main achievements of Kazkommertsbank JSC for year 2006: 1. The Bank is a leader in the banking sector in Kazakhstan, taking the biggest share of the market in terms of assets - 25,6%, on loans to customers - 27,5%, on deposits from customers - RUR 19.7%. 2. Assets of the Bank for 2006 increased by more than 2 times, having reached billion. 3. Profit received by the Bank for the year of 2006 was 29.6 billion, that is 49% higher than last year. 2

3 Results of the Bank for the year 2006 compared with At the end of 2006 the Bank's assets amounted to billion tenge ($19.2 billion), that on 104.5% higher compared with the beginning of the year (1 195 billion). Growth for the year 2006 was primarily due to %increase in the volume of loan portfolio of the Bank. Volume of loan portfolio-net as at 31 December 2006 was 1 678,8 billion tenge in comparison with 743,4 billion at the end of 2005 (an increase of 935,4 billion tenge). The volume of loans and advances to banks, less allowance for impairment as at 31 December 2006 amounted to billion tenge in comparison with 254,3 billion at the end of 2005 (reduction of 57.1 billion). Financial assets at fair price through profit and loss increased by 129.8% and as of 31 December 2006 amounted to 322,6 billion. As at 31 December 2006 liabilities of the Bank increased by 97.0 % and amounted to 2 180,4 billion tenge in comparison with 1 106,6 billion at the end of This increase was mainly due to increase of international Bank financing, additional issue euronotes and increase the volume of client deposits. The volume of debt securities issued grew by 39.9% and amounted to 424,2 billion as at 31 December 2006 compared with 303,1 billion as at 31 December In February 2006 the Bank issued Eurobonds in Singapore dollars in the amount of 100 million Singapore dollars with a coupon rate of 4.25 %, in March 2006 Eurobonds in Euro for USD 300 million Euros for a period of 5 years with a coupon of %, in November 2006 Eurobonds for USD 500 million with the rate of 7.5 % for a period of 10 years. Loans and advances received from banks increased by 2.3 times and amounted to 884,3 billion as at 31 December 2006 compared with billion tenge as at 31 December In August 2006, the Bank received a syndicated loan. Organized by ING Bank on a us $ 850 million, and in December 2006 syndicated loan, divided into two tranches, organized by the Bank of Tokyo Mitsubishi/ING, UniCredit/standard Chartered Bank amounting to USD 1 billion. As at 31 December 2006 subordinated debt of the Bank amounted to 78.9 billion tenge, in comparison with 52,2 billion as at 31 December The growth of 26.7 billion (2.4 times) was due primarily to the release of the ten-year subordinated bonds in the amount of 200 million U.S. dollars in July 2006 with a coupon of 8.625%. Other borrowed funds increased to 68.8 billion as at 31 December 2006 compared to 50.6 billion as at 31 December The increase for 2006, mainly due to the issue of two tranches of securitised bonds in June 2006 for a total of $ 200 million. Deposits are the Bank's most important source of funding, so the Bank is actively working on the domestic Deposit market, offering competitive market conditions on deposits from customers. As of 31 December 2006 the amount of customer deposits increased by 126.7% and amounted to 687,8 billion. At the end of 2006 volume of corporate deposits (without accrued interest)amounted to 484,5 billion having increased from the beginning of the year 293,5 billion (2.5 times). The increase was mainly at the expense of time deposits in national currency 5.8 times (or on KZT 187 billion). Deposits of retail customers at the end of 2006 (without accrued interest)made of billion, an increase from 31 December 2005 to 88.1 billion (81.7%). The increase in the volume of individuals ' term deposits occurred both in KZT 2.6-fold (or by 57.6 billion tenge)and foreign currency 38.8% (or by 19.1 billion). As at 31 December 2006 share capital of the Bank increased in 3.1 times and amounted 248,7 billion compared with a 81.3 billion as at 31 December The increase came as a result of the IPO and internal placement of shares of the Bank (to billion), as well as at the expense of capitalization of current earnings (27,8 billion tenge). Financial results According to the results of 2006 the Bank earned net income of $ 29.6 billion tenge (including attributable to shareholders of the parent company - of 27.8 billion) compared with 19.8 billion for 2005 (including attributable to parent company shareholders 18.4 billion tenge). Growth of net profit of the Bank, related to the parent company, amounted to 51.2%. A high level of income compared with the previous year due to a rise in 2006 net interest income (by 37.5%), and volume of net non-interest income (98.8%). Net interest income in 2006 amounted to 31.2 billion tenge and increased by 8.5 billion compared with Interest income for 2006 increased by 70.4% or by 60.8 billion and amounted to billion against 86.4 billion tenge for 2005, primarily as a result of higher average volumes of the Bank's assets generating interest income by 70.4%. Thus, the average volume of interest-earning assets for the year 2006 amounted to KZT1, 246 billion compared to 731 billion for

4 The increase was interest income on loans to customers, although its share in the structure of interest income remained at the same level and amounted to 88.6% (compared to 88.3% in 2005). The growth of interest income on loans to customers 71.1% due to the significant increase in the average volume of loans issued to customers (gross) with 580 billion for 2005 to KZT1, 015 billion for the year The growth of interest income on loans to banks amounted to 76.6% c 3.9 billion in 2005 to 6.9 billion in 2006, its share in the structure of interest income has not changed significantly and amounted to 4.7 % (compared to 4.6% in 2005). An increase of 3.0 billion (1.8 times) was due to higher average interest rates with 4.11% in 2005 up to 5.75% for 2006 and the increase in the average volume of loans and advances to banks (gross) 17.8 billion or 19% compared with The average volume of loans and advances to banks (gross) for 2006 was billion compared to 93.5 billion tenge for Interest expense for the year 2006 have increased in comparison with 2005 by 81.3% (or 37.3 billion) as a result of higher average volume of interest-bearing liabilities of the Bank to 78.4% and growth of the value- 6.71% in 2005 to 6.87% in So the average volume of interest-bearing liabilities of the Bank for the year 2006 constituted billion tenge in comparison with 673 billion for In 2006 allocations to provisions for impairment losses on interest bearing assets amounted to 32.9 billion against KZT 17.8 billion in 2005 (an increase of 84.4 %). Growth is driven in primarily by a significant increase in loans to customers (gross) as at 31 December 2006 and 2.2 times (or on 945,8 billion) compared with the amount at 31 December Despite the growth in loans to customers, the effective provisioning rate decreased to 4.3% as at 31 December 2006, compared with 5.5% at the end of This is due to the General improvement of economic situation in Kazakhstan, as well as overall improvement in the quality of loan portfolio of the Bank. Net non-interest income for 2006 amounted to 29.0 billion tenge and increased by 98.9% compared to 14.6 billion tenge for The structure of net non-interest income in 2006 has undergone some changes in comparison with the structure of The main component of net non-interest income continued to remain net fee and Commission income. Their share in 2006 amounted to 54.8% compared to 64.6% in Increased share of revenues from financial assets at fair value through profit and loss with 5.8% in 2005 to 15.7% in Share of income from operations with foreign currency, securities and precious metals also increased from 10.9% in 2005 to 18.7% in The Bank continues to develop and improve its activities in accordance with international standards, which requires significant investments in the development of the branch network, staff, information systems, development and introduction of new banking products. The Bank's operating expenses increased by 34.9% in 2006 compared with 2005 (from 13.4 billion tenge to 18.0 billion, respectively). However, the growth in operating income ratio of operating expenses to operating income after allowance for possible loan losses in 2006 decreased to 30.0% compared to 35.9% in For vote; Abstained - no. Resolved: to Approve the report of the Board about results of Bank's activity for On the second Agenda item was Mr. Макетаев N.A., and presented to the annual consolidated financial statements for the years ended 31 December 2006 and 2005, and independent auditors ' Report. (Annex 1 to the present minutes): Consolidated financial statements for the financial year 2006 of JSC "Kazkommertsbank" and affiliated companies/banks (the «Group») were prepared in accordance with international financial reporting standard (IFRS and audited by an auditing company Deloitte & Touche" (conclusion (report) of the independent auditors dated March 15, 2007). As of 1 January 2007 currency's consolidated balance sheet amounted to the sum in the amount of 2,444,302 million tenge (Two trillion four hundred forty four billion three hundred two million tenge). According to the results of financial and economic activity for the financial year 2006 amount retained earnings of the Group amounted to 29,586 million tenge (Twenty-nine billion five hundred and eighty-six 4

5 million tenge) and earnings per share totaled amount of $ tenge (Sixty-four KZT 83 tiyn) per share. Based on the above, please Bank's shareholders approve the consolidated financial statements for the years ended 31 December 2006 and 2005, and independent auditors ' Report. For votes; Against - no; Abstained - no. Resolved: to approve the annual consolidated financial statements of the Bank for the years ended 31 December 2006 and 2005, and independent auditors ' Report (Annex 1 to the present Protocol). On the third question of Agenda was made by Mr. Макетаев N.A. According to the Resolution of the Board of the National Bank of the Republic of Kazakhstan no. 70 of February 26, 2000 «About the minimum amount of reserve capital of banks ' minimum reserve capital shall not be less than 5 % of assets of the Bank is not subject to classification. The Bank in the calculation of the minimum size of the Bank's reserve capital used format of the balance 700-N of December 31, 2006, compiled in order to regulatory oversight, where the amount of money in the accounts of assets not subject to classification, was thousand tenge. The minimum reserve capital = thousand KZT * 5% = ,65 thousand tenge. At present the amount of reserve capital of the Bank is thousand KZT that is less than the required amount of the reserve capital, to increase the amount of reserve capital of , 65 thousand tenge, the size of the capital of the first level will not change. The remaining net income after tax (the decision on the fourth item of the agenda proposed to capitalize it and send to undistributed net income of previous years. For vote; Abstained - no. Decided: distribute the net income of the Bank for 2006 is as follows: (1) increase the amount of reserve capital of ,65 thousand tenge, without changing the size of the capital of the first level; (2) direct net income for 2006 after tax (the decision on the fourth item of the agenda day) to undistributed net income of previous years. On the fourth issue of the Agenda was made by Mr. Макетаев N.A. Guaranteed dividend to preferred shares is set in the Prospect of issue of shares of the Bank (hereinafter - «the Prospectus of issue»), registered in the Agency for regulation and supervision of financial market and financial organizations dated 4.1.6, Proposed to establish the date of commencement of payment of dividends on preferred shares from 10 December 2007 in the amount specified in the Prospectus of issue (fixed dividend per preferred share is expressed in the national currency of the Republic of Kazakhstan and is calculated by the formula: 0,04 * discount rate of the Банка1 on the date of payment dividends) and determine: 1) Date of fixing the list of shareholders entitled to receive dividends on preferred shares - November 12, ) Payment of the dividends paid in tenge, shareholders of the Bank - non-residents carry out foreign currency. Dividends on ordinary shares proposed not to pay for the capitalization of net income of the Bank to implement the strategy of further growth. For vote; Abstained - no. 5

6 Resolved: to establish the date of commencement of payment of dividends on preferred shares from 10 December 2007 in the amount specified in the Prospectus of issue, and determine: 1) Date of fixing the list of shareholders entitled to receive dividends on preferred shares - November 12, ) Payment of the dividends paid in tenge, shareholders of the Bank - non-residents carry out foreign currency. Dividends on common shares will not pay. On the fifth issue of the Agenda was made by Mr. Макетаев N.A., which reported that the Bank's shareholders are invited to approve the size of remuneration of the members of the Board of Directors according to the results of 2006 year [which includes the size of a monthly salary, payment of the annual bonus for 2005, income tax and mandatory pension contributions] (see Appendix 2). Also invited to approve the amount of monthly remuneration for Board members for 2007 [includes monthly wages, compulsory pension contributions, income tax], as well as bonus for 2006 (see Annex 2). For votes; Abstained voice. Resolved: to approve the size of remuneration of the members of the Board of Directors on the results of 2006 [which includes the size of a monthly salary, payment of the annual bonus for 2005, income tax and mandatory pension contributions] (Annex 2 to the present Protocol). To approve the size of the monthly wage of the members of the Board of Directors for 2007 [includes monthly wages, compulsory pension contributions, income tax], as well as bonus for 2006 (Appendix 2 to the present Protocol). On the sixth Agenda item was delivered by Ms. Mukhamedyarova A.A., which reported that on February 15, 2007 issue of approval of the external auditor of the Bank was submitted to the audit Committee meeting. In the discussion, in addition to audit Committee members took part managers of departments involved in working with the external auditor of the Bank by LLP Deloitte & Touche. The results of this discussion it was decided that in General the Bank is satisfied with the work audit 1 Under «accounting rate of the Bank» means the rate of the tenge rate to USA dollar, formed at the morning (main) session of KASE on the working day preceding the day of the establishment of the accounting rate in the Bank. the company LLP «Deloitte & Touche», in connection with what is invited to approve the company LLP Deloitte & Touche LLP as the external auditor of the Bank for For vote; Abstain voices. Resolved: to approve the company LLP Deloitte & Touche LLP as the external auditor of the Bank for On the seventh Agenda item was delivered by Ms. Ryspaeva J., which proposed for consideration of the shareholders of the Bank, the approval of Code of corporate management of JSC "Kazkommertsbank" with amendments and additions 1 (the «Code»). Changes and additions 1 of the Code developed for the purpose of bringing it into compliance with applicable laws and the requirements of stock exchanges, a listing of which are securities issued by the Bank. The basic changes and additions in the Code relate to: - possibility of participation in General meetings shareholders holders of global and American receipts, the underlying asset of which are common shares of the Bank, in accordance with the legislation of the Republic of Kazakhstan; 6

7 - possibility of creation of the Board of Directors of the Bank of new Committee - the Committee for appointments and remuneration Committee, education, which is necessary for the more effective management of the Bank and for the effective solution of the tasks set before the Board of Directors of the Bank in particular; - significant corporate events of the Bank, information about which is available on the stock exchanges in the Republic of Kazakhstan and abroad, in listing which are securities issued by the Bank. For votes; Abstained voice. Resolved: to approve the corporate governance Code of JSC "Kazkommertsbank" with amendments and additions 1 (Annex 3 to the present Protocol). On the eighth issue of the Agenda was made by Mr. Макетаев N.A., which reported that, after approval of the consolidated financial statements of the Group for the year 2005, it was established that the preferred shares of the Bank shall be considered as the combined financial instrument in accordance with IAS 32 «Financial instruments - disclosure and presentation». This is because IAS 32 in the new edition, which was put into effect in 2005, in Russian IAS 32 appeared in 2006, i.e. at the time of leaving the Group's consolidated statement of IAS 32 was unknown to the Bank and the auditor of the Bank. The above standard requires entities to record the funds received from the issue of compound financial instruments in equity or liabilities depending on the rights enshrined in financial instruments of the rights to the holders of such instruments. Preferred shares under IAS 32 apply to a contractual obligation to pay dividends, and accordingly must be accounted as a liability. For compliance with the requirements of IAS 32 «Financial instruments - disclosure and presentation» Group consolidated balance sheet, statement of profit and loss statement, statement of changes in equity and cash flows statements have been restated on the basis of data from previous reports. In addition to the in accordance with revised IAS 39 Financial instruments: recognition and measurement» a gain or loss on financial assets available for sale are recognised directly in equity, except for impairment losses and gains and losses on foreign currency gains. The amount of adjustment of fair value of investments available-for-sale in the consolidated financial statements of the Group for the years ended 31 December 2004 and 2003, amounted to 30 million tenge (41) million tenge, respectively. The cumulative effect of adjustment of fair value of investments available-for-sale recognised in the consolidated financial statements of the Group as at 31 December 2004 and 2003 in article «retained profit» amounted to a positive value in an amount of 11 million and KZT 41 million tenge, respectively. The amount of accrued dividends on preference shares reclassification of realized: the undistributed income of previous periods charged to interest expense current financial years. On the basis of above-stated we ask You to approve changes and additions made to the Bank's consolidated financial statements for the years ended 31 December 2005, 2004 and 2003 (restated) odes and to reject the audit report. For votes; Against - no; Abstained voice. Resolved: to approve the amendments and additions made in the consolidated financial statements of the Bank for the years ended 31 December 2005, 2004 and 2003 (restated) and independent auditors ' Report (Annex 4 to the present Protocol). On the ninth issue of the Agenda was Mr.Ms. Mukhamedyarova A.A., which reported that in view of the fact that consideration of candidates for election to the Board of Directors - independent Director of Bank continues, offered as part of this annual General meeting of Shareholders 7

8 where the issue is not considered and adjourn the this issue with the appropriate candidacy for one of the following General meetings of Shareholders of the Bank. For vote; Against voices 014; Abstained votes. Resolved: this issue is not considered and to postpone consideration of this question at presence of the proper candidature for one of the following General meetings of Shareholders of the Bank. On the tenth issue of the Agenda was delivered by Ms. Mukhamedyarova A.A., which informed the shareholders on the fact that appeals from the Bank's shareholders on actions of the Bank and its officers Bank has not been received. For votes; Abstained votes. Resolved: to take note of the information provided. On the eleventh issue of the Agenda was delivered by Ms. Mukhamedyarova A.A., which informed the shareholders on the the amount of a monthly compensation paid to the members of the Board of Directors and the management Board for 2006 and 2007 [includes monthly wages, travel expenses in excess of the norms, mandatory pension contributions, income tax], as well as the amount of the bonus for 2006 (see Annex 5): For votes; Abstain votes. Resolved: to take note of the information on the amount of a monthly compensation paid to the members of the Board of Directors and the management Board for 2006 and 2007 [includes monthly wages, travel expenses in excess of the norms, mandatory pension contributions, income tax], as well as the size of the bonus for Agenda has been exhausted. The Chairman declared the meeting closed. Chairman of the General meeting Shayakhmetov, A.R. The Secretary of General meeting Mukhamedyarova A.A. Representatives of the shareholders holding 10% and more of voting shares Shayakhmetov, A.R. Tyo T Mukazhanova A. 8

SEAL: APPROVED by the Deputy Head of Moscow Central Regional Department of the Bank of Russia STAMP: August 23, 2013 L.S. SEAL:

SEAL: APPROVED by the Deputy Head of Moscow Central Regional Department of the Bank of Russia STAMP: August 23, 2013 L.S. SEAL: SEAL: THE CENTRAL BANK OF THE RUSSIAN FEDERATION (THE BANK OF RUSSIA) MOSCOW MAIN REGIONAL DEPARTMENT MAIN STATE REGISTRATION * NUMBER 1037700013020 * * TIN 7702235133 * STAMP: APPROVED by the Deputy Head

More information

JOINT STOCK COMPANY KAZKOMMERTSBANK. Condensed Interim Consolidated Financial Information (Unaudited) For the nine months ended 30 September 2011

JOINT STOCK COMPANY KAZKOMMERTSBANK. Condensed Interim Consolidated Financial Information (Unaudited) For the nine months ended 30 September 2011 JOINT STOCK COMPANY KAZKOMMERTSBANK Condensed Interim Consolidated Financial Information (Unaudited) For the nine months JOINT STOCK COMPANY KAZKOMMERTSBANK TABLE OF CONTENTS Page STATEMENT OF MANAGEMENT

More information

Converted Financial Statements - Formulas For the Year 2006

Converted Financial Statements - Formulas For the Year 2006 Consolidated Summary Report < under US GAAP> for the Fiscal Year Ended March 31, 2001 Date: August 2, 2001 Company Name (code number) : Mitsubishi Tokyo Financial Group, Inc. (8306) (The Mitsubishi Trust

More information

MediaTek Inc. Article of Incorporation

MediaTek Inc. Article of Incorporation MediaTek Inc. Article of Incorporation Date: June 12, 2015 Approved by the Annual General Shareholders Meeting 2015 Section One General Provisions Article 1 The Company shall be incorporated as a company

More information

APPROVED at the General Meeting of Participants of GSM Kazakhstan OAO Kazakhtelecom LLP. CHARTER OF Kcell Joint Stock Company

APPROVED at the General Meeting of Participants of GSM Kazakhstan OAO Kazakhtelecom LLP. CHARTER OF Kcell Joint Stock Company APPROVED at the General Meeting of Participants of GSM Kazakhstan OAO Kazakhtelecom LLP Minutes No. Date: CHARTER OF Kcell Joint Stock Company 1. General Provisions 1. This Charter of the joint stock company

More information

KAZAKHSTAN LAW ON JOINT STOCK COMPANIES

KAZAKHSTAN LAW ON JOINT STOCK COMPANIES KAZAKHSTAN LAW ON JOINT STOCK COMPANIES Important Disclaimer This does not constitute an official translation and the translator and the EBRD cannot be held responsible for any inaccuracy or omission in

More information

OPEN JOINT STOCK COMPANY AGENCY FOR HOUSING MORTGAGE LENDING. Agency for Housing Mortgage Lending OJSC INFORMATION POLICY GUIDELINES.

OPEN JOINT STOCK COMPANY AGENCY FOR HOUSING MORTGAGE LENDING. Agency for Housing Mortgage Lending OJSC INFORMATION POLICY GUIDELINES. OPEN JOINT STOCK COMPANY AGENCY FOR HOUSING MORTGAGE LENDING APPROVED: by decision of the Supervisory Council (minutes No 09 of 21 December 2007) Agency for Housing Mortgage Lending OJSC INFORMATION POLICY

More information

1 The General Meeting introduces following amendments to the Bank s Articles of Association:

1 The General Meeting introduces following amendments to the Bank s Articles of Association: Resolution No. 1/2007 The shareholder Mr. Andrzej Leganowicz is hereby elected Chairman of the General Meeting and the shareholder Włodzimierz Jędrych is hereby elected Deputy Chairman of the General Meeting.

More information

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA BOARD RESOLUTION No. 39

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA BOARD RESOLUTION No. 39 THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA BOARD RESOLUTION No. 39 Adopted on February 9, 2007 ON APPROVAL OF REGULATION 2 ON REGULATION OF BANKING, PRUDENTIAL STANDARDS FOR BANKING By virtue of the Law

More information

JOINT STOCK COMPANY KAZKOMMERTSBANK

JOINT STOCK COMPANY KAZKOMMERTSBANK JOINT STOCK COMPANY KAZKOMMERTSBANK Consolidated Financial Statements and Independent Auditors Report For the Years Ended 2014, 2013 and 2012 JOINT STOCK COMPANY KAZKOMMERTSBANK TABLE OF CONTENTS Page

More information

OPEN JOINT STOCK COMPANY LONG-DISTANCE AND INTERNATIONAL TELECOMMUNICATIONS ROSTELECOM

OPEN JOINT STOCK COMPANY LONG-DISTANCE AND INTERNATIONAL TELECOMMUNICATIONS ROSTELECOM Appendix No.4 to Item No.6 of the Agenda of OJSC Rostelecom Annual General Meeting upon the results of the year 2008 APPROVED by Annual General Shareholders Meeting of OJSC Rostelecom held on May 30, 2009

More information

Minutes of the Annual General Meeting of Shareholders 2012 MAYBANK KIM ENG SECURITIES (THAILAND) PLC.

Minutes of the Annual General Meeting of Shareholders 2012 MAYBANK KIM ENG SECURITIES (THAILAND) PLC. Minutes of the Annual General Meeting of Shareholders 2012 Of MAYBANK KIM ENG SECURITIES (THAILAND) PLC. Time and Place The General Meeting of Shareholders was held on March 30, 2012 at 14.05 h. at the

More information

REGULATION ON DEPOSITS AND PARTICIPATION FUNDS SUBJECT TO INSURANCE AND PREMIUMS COLLECTED BY SAVING DEPOSITS INSURANCE FUND

REGULATION ON DEPOSITS AND PARTICIPATION FUNDS SUBJECT TO INSURANCE AND PREMIUMS COLLECTED BY SAVING DEPOSITS INSURANCE FUND () () REGULATION ON DEPOSITS AND PARTICIPATION FUNDS SUBJECT TO INSURANCE AND PREMIUMS COLLECTED BY SAVING DEPOSITS INSURANCE FUND Published in issue 226339 of the Official Gazette dated November 7, 2006

More information

Articles of Association of MTU Aero Engines AG. Last revised: June 2015

Articles of Association of MTU Aero Engines AG. Last revised: June 2015 Articles of Association of MTU Aero Engines AG Last revised: June 2015 First Part: General Section 1 Company name, registered office, financial year (1) The Company operates under the name of: MTU Aero

More information

REGULATIONS. of the General Shareholders' Meeting of the Open Joint Stock Company «SIBUR Holding» (version No. 6)

REGULATIONS. of the General Shareholders' Meeting of the Open Joint Stock Company «SIBUR Holding» (version No. 6) APPROVED by the Resolution of the General Shareholders Meeting of Apri 25, 2013 (Minutes No. 39) REGULATIONS of the General Shareholders' Meeting of the Open Joint Stock Company «SIBUR Holding» (version

More information

JOINT STOCK COMPANY KAZKOMMERTSBANK. Consolidated Financial Statements For the Years Ended 31 December 2012, 2011 and 2010

JOINT STOCK COMPANY KAZKOMMERTSBANK. Consolidated Financial Statements For the Years Ended 31 December 2012, 2011 and 2010 JOINT STOCK COMPANY KAZKOMMERTSBANK Consolidated Financial Statements For the Years Ended 2012, 2011 and 2010 JOINT STOCK COMPANY KAZKOMMERTSBANK TABLE OF CONTENTS Page STATEMENT OF MANAGEMENT S RESPONSIBILITIES

More information

CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES, S.A. (CAF)

CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES, S.A. (CAF) CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES, S.A. (CAF) PROPOSALS OF THE BOARD OF DIRECTORS TO THE ANNUAL GENERAL SHAREHOLDERS' MEETING TO BE HELD ON 11 OR 12 JUNE 2016, ON THE FIRST AND SECOND CALL RESPECTIVELY

More information

Corporate Governance. www.sinopec.com. Corporate Governance Fact Sheet

Corporate Governance. www.sinopec.com. Corporate Governance Fact Sheet Corporate Governance Corporate Governance Fact Sheet Board of Directors Responsibilities and Liability Composition Meetings of the Board of Directors Board Committees Supervisory Committee Role and Responsibilities

More information

International Accounting Standard 27 Consolidated and Separate Financial Statements

International Accounting Standard 27 Consolidated and Separate Financial Statements International Accounting Standard 27 Consolidated and Separate Financial Statements Scope 1 This Standard shall be applied in the preparation and presentation of consolidated financial statements for a

More information

IDENTIFY THE CHANCES SHAPE THE FUTURE

IDENTIFY THE CHANCES SHAPE THE FUTURE Status: june 2015 Complete text of Memorandum and Articles of Association of DMG MORI Aktiengesellschaft Bielefeld IDENTIFY THE CHANCES SHAPE THE FUTURE 1 (1) The Company exists under the name DMG MORI

More information

Sberbank of Russia. Interim Condensed Consolidated Financial Statements and Review Report

Sberbank of Russia. Interim Condensed Consolidated Financial Statements and Review Report Sberbank of Russia Interim Condensed Consolidated Financial Statements and Review Report Interim Condensed Consolidated Financial Statements and Review Report CONTENTS Review Report... 3 Interim Condensed

More information

Articles of Association Swiss Life Holding Ltd

Articles of Association Swiss Life Holding Ltd Articles of Association Swiss Life Holding Ltd (Translation of the original text in German) I. Company name, object and registered office 1. Company name, legal form Under the corporate name Swiss Life

More information

Summarised annual financial statements

Summarised annual financial statements 79 Summarised annual financial statements The summary presented on pages 81 to 85 of this report has been extracted from the audited annual consolidated financial statements. This report is itself not

More information

Articles of Association. SQS Software Quality Systems AG

Articles of Association. SQS Software Quality Systems AG Status: 10 November 2015 Articles of Association of SQS Software Quality Systems AG III. General Provisions 1 Name, Registered Office, Fiscal Year 1. The name of the company is SQS Software Quality Systems

More information

Regulations on the General Meeting of Shareholders of Open Joint Stock Company Gazprom Neft (New version)

Regulations on the General Meeting of Shareholders of Open Joint Stock Company Gazprom Neft (New version) APPROVED by the General Meeting of Shareholders of JSC Gazprom Neft on September 30, 2014 (Minutes 0101/02 dated 02.10.2014) Regulations on the General Meeting of Shareholders of Open Joint Stock Company

More information

A R T I C L E S O F A S S O C I A T I O N M A R E L H F.

A R T I C L E S O F A S S O C I A T I O N M A R E L H F. A R T I C L E S O F A S S O C I A T I O N M A R E L H F. 1 NAME, ADDRESS AND PURPOSE OF COMPANY 2 2 SHARE CAPITAL 2 3. ADMINISTRATION 4 4. SHAREHOLDER MEETINGS 4 5. BOARD OF DIRECTORS 7 6. ELECTION OF

More information

Guidelines. Quarterly Accounts. Securities and Exchange Commission of Pakistan

Guidelines. Quarterly Accounts. Securities and Exchange Commission of Pakistan Guidelines On ly Accounts Securities and Exchange Commission of Pakistan Table of Contents Chapter No. Page Introduction 1 1 Requirements of the Companies Ordinance, 1984 2 2 Requirements of the International

More information

ARTICLES OF INCORPORATION OF NANYA TECHNOLOGY CORPORATION

ARTICLES OF INCORPORATION OF NANYA TECHNOLOGY CORPORATION ARTICLES OF INCORPORATION OF NANYA TECHNOLOGY CORPORATION CHAPTER I GENERAL PRINCIPLES June 24, 2009 Article 1 The Company is incorporated in accordance with the Company Law, by the name of Nanya Technology

More information

PROSEGUR COMPAÑÍA DE SEGURIDAD, S.A. COMMUNICATION OF RELEVANT EVENT

PROSEGUR COMPAÑÍA DE SEGURIDAD, S.A. COMMUNICATION OF RELEVANT EVENT PROSEGUR COMPAÑÍA DE SEGURIDAD, S.A. COMMUNICATION OF RELEVANT EVENT Madrid, 26 May 2014. The Board of Directors of PROSEGUR COMPAÑÍA DE SEGURIDAD, S.A. has agreed to call a General Meeting of Shareholders

More information

NOTICE OF JOINT SHAREHOLDERS MEETING

NOTICE OF JOINT SHAREHOLDERS MEETING SOCIETE GENERALE A French limited liability company with share capital of EUR 542 691 448,75 Head office: 29, boulevard Haussmann 75009 Paris 552 120 222 R.C.S. Paris NOTICE OF JOINT SHAREHOLDERS MEETING

More information

Territorial Bancorp Inc. Announces 2015 Results

Territorial Bancorp Inc. Announces 2015 Results PRESS RELEASE FOR IMMEDIATE RELEASE Contact: Walter Ida (808) 946-1400 Territorial Bancorp Inc. Announces 2015 Results Fully diluted earnings per share for the three months ended December 31, 2015 rose

More information

JOINT STOCK COMPANY BANK CASPIAN

JOINT STOCK COMPANY BANK CASPIAN JOINT STOCK COMPANY BANK CASPIAN Consolidated Financial Statements For The Year Ended And Independent Auditors Report JOINT STOCK COMPANY BANK CASPIAN CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED

More information

Controls and accounting policies

Controls and accounting policies Controls and accounting policies Controls and procedures Management s responsibility for financial information contained in this Annual Report is described on page 92. In addition, the Bank s Audit and

More information

ANNEX I INDIVIDUAL PUBLIC FINANCIAL STATEMENTS OF CREDIT INSTITUTIONS

ANNEX I INDIVIDUAL PUBLIC FINANCIAL STATEMENTS OF CREDIT INSTITUTIONS ANNEX I INDIVIDUAL PUBLIC FINANCIAL STATEMENTS OF CREDIT INSTITUTIONS ANNEX I.1 PUBLIC BALANCE SHEET ASSETS 1. Cash and balances with central banks 2. Financial assets held for trading 2.1. Loans and advances

More information

Half - Year Financial Report January June 2015

Half - Year Financial Report January June 2015 Deutsche Bank Capital Finance Trust I (a statutory trust formed under the Delaware Statutory Trust Act with its principle place of business in New York/New York/U.S.A.) Half - Year Financial Report January

More information

Chapter 3 Financial Year

Chapter 3 Financial Year [PART 6 FINANCIAL STATEMENTS, ANNUAL RETURN AND AUDIT Chapter 1 Preliminary 269. What this Part contains and use of prefixes - Companies Act and IFRS. 270. Overall limitation on discretions with respect

More information

Notes on the parent company financial statements

Notes on the parent company financial statements 316 Financial statements Prudential plc Annual Report 2012 Notes on the parent company financial statements 1 Nature of operations Prudential plc (the Company) is a parent holding company. The Company

More information

ARTICLES OF INCORPORATION OF HSBC BANK ANONİM ŞİRKETİ PART ONE PROVISIONS AS TO ESTABLISHMENT

ARTICLES OF INCORPORATION OF HSBC BANK ANONİM ŞİRKETİ PART ONE PROVISIONS AS TO ESTABLISHMENT Article 1- ESTABLISHMENT ARTICLES OF INCORPORATION OF HSBC BANK ANONİM ŞİRKETİ PART ONE PROVISIONS AS TO ESTABLISHMENT A joint stock company was established by and between the incorporators whose names/surnames

More information

KAZAKHSTAN STOCK EXCHANGE

KAZAKHSTAN STOCK EXCHANGE KAZAKHSTAN STOCK EXCHANGE Agreed on with the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations on April 21, 2010 A g r e e d o n with the

More information

REGULATIONS ON THE GENERAL MEETING OF SHAREHOLDERS. of OJSC Oil Company Rosneft

REGULATIONS ON THE GENERAL MEETING OF SHAREHOLDERS. of OJSC Oil Company Rosneft APPROVED BY General Meeting of Shareholders of OJSC Oil Company Rosneft On June 7, 2006 Minutes without No. REGULATIONS ON THE GENERAL MEETING OF SHAREHOLDERS 1 TABLE OF CONTENTS 1. GENERAL PROVISIONS...5

More information

TELEFÓNICA, S.A., as provided in article 82 of the Spanish Stock Market Act (Ley del Mercado de Valores) hereby informs of the following:

TELEFÓNICA, S.A., as provided in article 82 of the Spanish Stock Market Act (Ley del Mercado de Valores) hereby informs of the following: RAMIRO SÁNCHEZ DE LERÍN GARCÍA-OVIÉS General Secretary and Secretary to the Board of Directors TELEFÓNICA, S.A. TELEFÓNICA, S.A., as provided in article 82 of the Spanish Stock Market Act (Ley del Mercado

More information

REGULATIONS ON GENERAL SHAREHOLDERS MEETING Open Joint Stock Company Novolipetsk Steel (new revision)

REGULATIONS ON GENERAL SHAREHOLDERS MEETING Open Joint Stock Company Novolipetsk Steel (new revision) APPROVED by the General Shareholders Meeting of Open Joint Stock Company Novolipetsk Steel Minutes of Meeting No. 38 dd. 6 June 2014 REGULATIONS ON GENERAL SHAREHOLDERS MEETING Open Joint Stock Company

More information

Consolidated Financial Statements

Consolidated Financial Statements Consolidated Financial Statements For the year ended February 20, 2016 Nitori Holdings Co., Ltd. Consolidated Balance Sheet Nitori Holdings Co., Ltd. and consolidated subsidiaries As at February 20, 2016

More information

Consolidated Balance Sheets March 31, 2001 and 2000

Consolidated Balance Sheets March 31, 2001 and 2000 Financial Statements SEIKAGAKU CORPORATION AND CONSOLIDATED SUBSIDIARIES Consolidated Balance Sheets March 31, 2001 and 2000 Assets Current assets: Cash and cash equivalents... Short-term investments (Note

More information

THE BOEING COMPANY AMENDED AND RESTATED CERTIFICATE OF INCORPORATION

THE BOEING COMPANY AMENDED AND RESTATED CERTIFICATE OF INCORPORATION THE BOEING COMPANY AMENDED AND RESTATED CERTIFICATE OF INCORPORATION THE BOEING COMPANY, a corporation organized and existing under the General Corporation Law of the State of Delaware, does hereby certify

More information

HEICO CORPORATION CORPORATE GOVERNANCE GUIDELINES

HEICO CORPORATION CORPORATE GOVERNANCE GUIDELINES HEICO CORPORATION CORPORATE GOVERNANCE GUIDELINES ROLE AND FUNCTIONS OF THE BOARD OF DIRECTORS The role of the Board of Directors (the "Board") with respect to corporate governance is to oversee and monitor

More information

SUMITOMO DENSETSU CO., LTD. AND SUBSIDIARIES. Consolidated Financial Statements

SUMITOMO DENSETSU CO., LTD. AND SUBSIDIARIES. Consolidated Financial Statements SUMITOMO DENSETSU CO., LTD. AND SUBSIDIARIES Consolidated Financial Statements Report of Independent Public Accountants To the Board of Directors of Sumitomo Densetsu Co., Ltd. : We have audited the consolidated

More information

Kazakhstan Financial Review September 2009. News on Kazkommertsbank: Kazakh banking sector developments:

Kazakhstan Financial Review September 2009. News on Kazkommertsbank: Kazakh banking sector developments: Official exchange KZT/US$ rate at 1 October 2009 150.95 Summary News on Kazkommertsbank: The inflation rate in was 0.4%, and 4.7% YTD The National Bank s monetary policy in the next five years will aim

More information

Bank of Beirut Extraordinary General Assembly Meeting held on December 29, 2009 and December 30, 2009:

Bank of Beirut Extraordinary General Assembly Meeting held on December 29, 2009 and December 30, 2009: Dividends Distribution: The Ordinary General Assembly of Shareholders of Bank of Beirut S.A.L. convened on April 6, 2010 and resolved to approve the Bank s accounts for the year 2009 and declare a gross

More information

- 1 - CATHAY PACIFIC AIRWAYS LIMITED. Corporate Governance Code. (Amended and restated with effect from 3rd March 2014)

- 1 - CATHAY PACIFIC AIRWAYS LIMITED. Corporate Governance Code. (Amended and restated with effect from 3rd March 2014) - 1 - CATHAY PACIFIC AIRWAYS LIMITED (Amended and restated with effect from 3rd March 2014) This Code sets out the corporate governance practices followed by the Company. The Board and its responsibilities

More information

Moscow-Minsk Foreign Bank (unitary enterprise) Financial Statements Together With Independent Auditors Report For The Year Ended December 31, 2004

Moscow-Minsk Foreign Bank (unitary enterprise) Financial Statements Together With Independent Auditors Report For The Year Ended December 31, 2004 Moscow-Minsk Foreign Bank (unitary enterprise) Financial Statements Together With Independent Auditors Report For The Year Ended December 31, 2004 Financial statements for the year ended 31 December 2004

More information

Interim Consolidated Financial Statements (Unaudited)

Interim Consolidated Financial Statements (Unaudited) Interim Consolidated Financial Statements (Unaudited) For the Six Months Ended, NTT FINANCE CORPORATION This document has been translated and reclassified from a part of the Japanese

More information

Articles and Memorandum of Association - English convenience translation -

Articles and Memorandum of Association - English convenience translation - Articles and Memorandum of Association - English convenience translation - as of April 08, 2015 This is the convenience translation of the German original version of the Articles and Memorandum of Association

More information

FIRST BANKS, INC. ST. LOUIS, MISSOURI NEWS RELEASE FOR IMMEDIATE RELEASE: First Banks, Inc. Announces First Quarter 2014 Results

FIRST BANKS, INC. ST. LOUIS, MISSOURI NEWS RELEASE FOR IMMEDIATE RELEASE: First Banks, Inc. Announces First Quarter 2014 Results FIRST BANKS, INC. ST. LOUIS, MISSOURI NEWS RELEASE Contacts: Terrance M. McCarthy Lisa K. Vansickle President and Executive Vice President and Chief Executive Officer Chief Financial Officer First Banks,

More information

Financial Pillar. F2 Financial Management. 24 November 2011 Thursday Afternoon Session

Financial Pillar. F2 Financial Management. 24 November 2011 Thursday Afternoon Session Financial Pillar F2 Financial Management 24 November 2011 Thursday Afternoon Session Instructions to candidates You are allowed three hours to answer this question paper. You are allowed 20 minutes reading

More information

Convenience Translation the German version is the only legally binding version. Articles of Association. Linde Aktiengesellschaft.

Convenience Translation the German version is the only legally binding version. Articles of Association. Linde Aktiengesellschaft. Convenience Translation the German version is the only legally binding version Articles of Association Linde Aktiengesellschaft Munich 9 March 2015 Page 1 of 12 I. General Rules 1. Company Name, Principal

More information

Shin Kong Investment Trust Co., Ltd. Financial Statements for the Years Ended December 31, 2014 and 2013 and Independent Auditors Report

Shin Kong Investment Trust Co., Ltd. Financial Statements for the Years Ended December 31, 2014 and 2013 and Independent Auditors Report Shin Kong Investment Trust Co., Ltd. Financial Statements for the Years Ended, 2014 and 2013 and Independent Auditors Report INDEPENDENT AUDITORS REPORT The Board of Directors and stockholder Shin Kong

More information

REGULATION ON ESTABLISHMENT AND WORKING PRINCIPLES OF INSURANCE COMPANIES AND REINSURANCE COMPANIES

REGULATION ON ESTABLISHMENT AND WORKING PRINCIPLES OF INSURANCE COMPANIES AND REINSURANCE COMPANIES REGULATION ON ESTABLISHMENT AND WORKING PRINCIPLES OF INSURANCE COMPANIES AND REINSURANCE COMPANIES Official Gazette of Publication:.08.007 66 Issued By: Prime Ministry (Undersecretariat of Treasury) PART

More information

VIII. Parent company financial statements Credit Suisse (Bank) 339 Report of the Statutory Auditors. 340 Financial review. 341 Statements of income

VIII. Parent company financial statements Credit Suisse (Bank) 339 Report of the Statutory Auditors. 340 Financial review. 341 Statements of income VIII Parent company financial statements Credit Suisse (Bank) 339 Report of the Statutory Auditors 340 Financial review 341 Statements of income 342 Balance sheets 343 Off-balance sheet business 344 Notes

More information

Financial Report Annual Financial Report 2015

Financial Report Annual Financial Report 2015 Deutsche Postbank Funding Trust IV (a statutory trust formed under the Delaware Statutory Trust Act with its principal place of business in New York, NY, U.S.A.) Financial Report Annual Financial Report

More information

A R T I C L E S O F A S S O C I A T I O N X I N G AG XING AG

A R T I C L E S O F A S S O C I A T I O N X I N G AG XING AG A R T I C L E S O F A S S O C I A T I O N OF X I N G AG 1. Name and place of incorporation of the Company 1.1. The name of the Company is: XING AG 1.2. The place of incorporation of the Company is Hamburg.

More information

PRESS RELEASE VALLEY COMMERCE BANCORP REPORTS RECORD EARNINGS FOR 2015

PRESS RELEASE VALLEY COMMERCE BANCORP REPORTS RECORD EARNINGS FOR 2015 PRESS RELEASE Contact: Roy Estridge, EVP/COO/CFO Valley Commerce Bancorp (559) 622-9000 VALLEY COMMERCE BANCORP REPORTS RECORD EARNINGS FOR 2015 VISALIA, California, January 15, 2016 Valley Commerce Bancorp,

More information

REDGATE ASSET MANAGEMENT AS ARTICLES OF ASSOCIATION 1. BUSINESS NAME AND DOMICILE OF LIMITED COMPANY

REDGATE ASSET MANAGEMENT AS ARTICLES OF ASSOCIATION 1. BUSINESS NAME AND DOMICILE OF LIMITED COMPANY REDGATE ASSET MANAGEMENT AS ARTICLES OF ASSOCIATION 1. BUSINESS NAME AND DOMICILE OF LIMITED COMPANY 1.1. Business name of the limited company (hereinafter Company ) shall be REDGATE ASSET MANAGEMENT AS.

More information

Coach, Inc. Corporate Governance Principles

Coach, Inc. Corporate Governance Principles Coach, Inc. Corporate Governance Principles The following principles have been approved by the Board of Directors and, along with the charters and protocols of the Board committees, provide the framework

More information

NOTICE OF SHAREHOLDERS EXTRAORDINARY GENERAL MEETING

NOTICE OF SHAREHOLDERS EXTRAORDINARY GENERAL MEETING Announcement NOTICE OF SHAREHOLDERS EXTRAORDINARY GENERAL MEETING Nicosia, 1 March 2011 Founded in 1899, the Bank of Cyprus Group is the leading Cypriot banking and financial services group. In addition

More information

Financial Pillar. F2 Financial Management. 20 November 2014 Thursday Afternoon Session

Financial Pillar. F2 Financial Management. 20 November 2014 Thursday Afternoon Session DO NOT OPEN THIS QUESTION PAPER UNTIL YOU ARE TOLD TO DO SO. Financial Pillar F2 Financial Management 20 November 2014 Thursday Afternoon Session Instructions to candidates You are allowed three hours

More information

FIFTH RESTATED CERTIFICATE OF INCORPORATION OF THE CHARLES SCHWAB CORPORATION (Effective May 7, 2001)

FIFTH RESTATED CERTIFICATE OF INCORPORATION OF THE CHARLES SCHWAB CORPORATION (Effective May 7, 2001) FIFTH RESTATED CERTIFICATE OF INCORPORATION OF THE CHARLES SCHWAB CORPORATION (Effective May 7, 2001) (Originally incorporated on November 25, 1986, under the name CL Acquisition Corporation) FIRST. The

More information

Article 56 of the Bank of Russia Law.

Article 56 of the Bank of Russia Law. As of October 1, 2015 No. Commentary Relevant laws and regulations 1. Duties and powers of banking supervision 1.1 Banking supervisory Bank of Russia Articles 4 and 56 of authority Federal Law No. 86-FZ,

More information

Articles of Association of. GESCO Aktiengesellschaft, headquartered in Wuppertal

Articles of Association of. GESCO Aktiengesellschaft, headquartered in Wuppertal Articles of Association of GESCO Aktiengesellschaft, headquartered in Wuppertal 1 I. General Provisions (1) The name of the company is Section 1 Company Headquarters Term GESCO Aktiengesellschaft. (2)

More information

The text boxes in this document are for explanatory purposes only and are not part of the Instrument or the Companion Policy.

The text boxes in this document are for explanatory purposes only and are not part of the Instrument or the Companion Policy. This document is an unofficial consolidation of all amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103) and its Companion Policy,

More information

中 國 通 信 服 務 股 份 有 限 公 司

中 國 通 信 服 務 股 份 有 限 公 司 中 國 通 信 服 務 股 份 有 限 公 司 CHINA COMMUNICATIONS SERVICES CORPORATION LIMITED (A joint stock limited company incorporated in the People s Republic of China with limited liability) (Stock Code: 552) AUDIT COMMITTEE

More information

A&W Food Services of Canada Inc. Consolidated Financial Statements December 30, 2012 and January 1, 2012 (in thousands of dollars)

A&W Food Services of Canada Inc. Consolidated Financial Statements December 30, 2012 and January 1, 2012 (in thousands of dollars) A&W Food Services of Canada Inc. Consolidated Financial Statements December 30, and January 1, (in thousands of dollars) February 12, 2013 Independent Auditor s Report To the Shareholders of A&W Food Services

More information

MDM Bank Interim Consolidated Condensed Financial Statements for the Three-Month Period Ended 31 March 2010

MDM Bank Interim Consolidated Condensed Financial Statements for the Three-Month Period Ended 31 March 2010 Interim Consolidated Condensed Financial Statements for the Three-Month Period Ended 31 March 2010 Interim Consolidated Condensed Financial Statements for the Three-Month Period Ended 31 March 2010 Contents

More information

CHAPTER 241 TAXATION OF BANKS AND OTHER FINANCIAL CORPORATIONS

CHAPTER 241 TAXATION OF BANKS AND OTHER FINANCIAL CORPORATIONS TAXATION OF BANKS AND OTHER FINANCIAL CORPORATIONS 241-1 CHAPTER 241 TAXATION OF BANKS AND OTHER FINANCIAL CORPORATIONS Section 241-1 Definitions 241-1.5 Time of application of tax and other provisions

More information

Corporate Governance Regulations

Corporate Governance Regulations Corporate Governance Regulations Contents Part 1: Preliminary Provisions Article 1: Preamble... Article 2: Definitions... Part 2: Rights of Shareholders and the General Assembly Article 3: General Rights

More information

Ind AS 32 and Ind AS 109 - Financial Instruments Classification, recognition and measurement. June 2015

Ind AS 32 and Ind AS 109 - Financial Instruments Classification, recognition and measurement. June 2015 Ind AS 32 and Ind AS 109 - Financial Instruments Classification, recognition and measurement June 2015 Contents Executive summary Standards dealing with financial instruments under Ind AS Financial instruments

More information

BALANCE SHEET AND INCOME STATEMENT

BALANCE SHEET AND INCOME STATEMENT BANCOLOMBIA S.A. (NYSE: CIB; BVC: BCOLOMBIA, PFBCOLOM) REPORTS CONSOLIDATED NET INCOME OF COP 1,879 BILLION FOR 2014, AN INCREASE OF 24% COMPARED TO 2013. Operating income increased 23.8% during 2014 and

More information

Articles of Association

Articles of Association (Unauthorized English translation) (May 20, 2015) Articles of Association of Genmab A/S (CVR-nr. 21023884 Formerly A/S registration no.: 248.498) Page 2 of 46 Name, Registered Office, Objects and Group

More information

Articles of Association

Articles of Association (Unauthorized English translation) (August 19, 2015) Articles of Association of Genmab A/S (CVR-nr. 21023884 Formerly A/S registration no.: 248.498) Page 2 of 47 Name, Registered Office, Objects and Group

More information

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS NOTES TO CONSOLIDATED FINANCIAL STATEMENTS KANEKA CORPORATION AND CONSOLIDATED SUBSIDIARIES 1. BASIS OF PRESENTING CONSOLIDATED FINANCIAL STATEMENTS Kaneka Corporation (the Company ) and its consolidated

More information

Northwest Bancshares, Inc. Announces Quarterly Earnings and Dividend Declaration

Northwest Bancshares, Inc. Announces Quarterly Earnings and Dividend Declaration EARNINGS RELEASE FOR IMMEDIATE RELEASE Contact: William J. Wagner, President and Chief Executive Officer (814) 726-2140 William W. Harvey, Jr., Executive Vice President and Chief Financial Officer (814)

More information

FOR IMMEDIATE RELEASE

FOR IMMEDIATE RELEASE Exhibit 99.1 FOR IMMEDIATE RELEASE FirstMerit Corporation Analysts: Thomas O Malley/Investor Relations Officer Phone: 330.384.7109 Media Contact: Robert Townsend/Media Relations Officer Phone: 330.384.7075

More information

(unaudited expressed in Canadian Dollars)

(unaudited expressed in Canadian Dollars) Condensed Consolidated Interim Financial Statements of CARGOJET INC. For the three month periods ended (unaudited expressed in Canadian Dollars) This page intentionally left blank Condensed Consolidated

More information

AMENDED AND RESTATED CERTIFICATE OF INCORPORATION of BAXTER INTERNATIONAL INC.

AMENDED AND RESTATED CERTIFICATE OF INCORPORATION of BAXTER INTERNATIONAL INC. AMENDED AND RESTATED CERTIFICATE OF INCORPORATION of BAXTER INTERNATIONAL INC. Pursuant to Sections 242 and 245 of the General Corporation Law of Delaware Baxter International Inc., a corporation organized

More information

WELLS FARGO & COMPANY CORPORATE GOVERNANCE GUIDELINES

WELLS FARGO & COMPANY CORPORATE GOVERNANCE GUIDELINES WELLS FARGO & COMPANY CORPORATE GOVERNANCE GUIDELINES The Board of Directors (the Board ) of Wells Fargo & Company (the Company ), based on the recommendation of its Governance and Nominating Committee,

More information

Articles of Incorporation

Articles of Incorporation Articles of Incorporation (Trade Name) Article 1. ARTICLES OF INCORPORATION OF NIKON CORPORATION (As amended on June 29, 2016) CHAPTER I. GENERAL PROVISIONS The Company shall be called Kabushiki Kaisha

More information

Consolidated Financial Statements

Consolidated Financial Statements Consolidated Financial Statements Table of Contents CONSOLIDATED FINANCIAL STATEMENTS 102 Management s Responsibility for Financial Information 103 Independent Auditors Report of Registered Public Accounting

More information

FUNCTION (X) INC. (the "Company") COMPENSATION COMMITTEE CHARTER

FUNCTION (X) INC. (the Company) COMPENSATION COMMITTEE CHARTER FUNCTION (X) INC. (the "Company") COMPENSATION COMMITTEE CHARTER Purpose Composition The purpose of the Compensation Committee (the Committee ) shall be as follows: 1. To discharge the responsibilities

More information

2. Accounting standard 14 is a nature of - a) mandatory, b) compulsory, c) injunction, d) all of these.

2. Accounting standard 14 is a nature of - a) mandatory, b) compulsory, c) injunction, d) all of these. 1. Accounting standard 14 is related with - a) amalgamation, b) valuation of stock, c) depreciation accounting, d) valuation of assets. 2. Accounting standard 14 is a nature of - a) mandatory, b) compulsory,

More information

Roche Capital Market Ltd Financial Statements 2009

Roche Capital Market Ltd Financial Statements 2009 R Roche Capital Market Ltd Financial Statements 2009 1 Roche Capital Market Ltd, Financial Statements Reference numbers indicate corresponding Notes to the Financial Statements. Roche Capital Market Ltd,

More information

mr. M.G.F.M.V. Janssen Secretary to the Managing Board T: +31 20 557 52 30 I: www.kasbank.com

mr. M.G.F.M.V. Janssen Secretary to the Managing Board T: +31 20 557 52 30 I: www.kasbank.com Date: 27 August 2015 For information: mr. M.G.F.M.V. Janssen Secretary to the Managing Board T: +31 20 557 52 30 I: www.kasbank.com Growth of 20% in net result, excluding non-recurring items, to EUR 8.3

More information

The accompanying notes constitute an integral part of the Financial Statements.

The accompanying notes constitute an integral part of the Financial Statements. Consolidated Statement of Financial Position Assets Note As at December 31 1022 1020 Intangible assets 4 797,997 785,585 Deferred tax assets 78 9,357 5,565 Deferred acquisition costs 5 8,535,538 949,585

More information

Territorial Bancorp Inc. Announces Second Quarter 2015 Results

Territorial Bancorp Inc. Announces Second Quarter 2015 Results PRESS RELEASE FOR IMMEDIATE RELEASE Contact: Walter Ida (808) 946-1400 Territorial Bancorp Inc. Announces Second Quarter 2015 Results Earnings per share for the three months ended June 30, 2015 rose to

More information

Condensed Interim Consolidated Financial Statements

Condensed Interim Consolidated Financial Statements Condensed Interim Consolidated Financial Statements Unaudited (Expressed in Canadian dollars) NOTICE TO READER: These condensed interim consolidated financial statements have not been reviewed by the Company's

More information

GR VIETNAM HOLDINGS LIMITED * (Incorporated in Bermuda with limited liability) (Stock Code: 139)

GR VIETNAM HOLDINGS LIMITED * (Incorporated in Bermuda with limited liability) (Stock Code: 139) GR VIETNAM HOLDINGS LIMITED * (Incorporated in Bermuda with limited liability) (Stock Code: 139) INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2008 The Board of Directors (the Board

More information

KAZAKHSTAN STOCK EXCHANGE RULES

KAZAKHSTAN STOCK EXCHANGE RULES KAZAKHSTAN STOCK EXCHANGE A p p r o v e d by the decision of Kazakhstan Stock Exchange Council Committee on Currency Market (protocol No. 6 of August 24, 1999) N O T I C E Rules have been translated into

More information

Notes to the Consolidated Financial Statements for the 92nd Fiscal Term. Notes to the Non-Consolidated Financial Statements for the 92nd Fiscal Term

Notes to the Consolidated Financial Statements for the 92nd Fiscal Term. Notes to the Non-Consolidated Financial Statements for the 92nd Fiscal Term To Those Shareholders with Voting Rights Notes to the Consolidated Financial Statements for the 92nd Fiscal Term Notes to the Non-Consolidated Financial Statements for the 92nd Fiscal Term The above documents

More information

1. Details of reporting period Half year ended 31 December 2011. 2.1 Revenue from ordinary activities Down 0.15% to $639.5 million

1. Details of reporting period Half year ended 31 December 2011. 2.1 Revenue from ordinary activities Down 0.15% to $639.5 million 21 February 2012 The Manager Company Announcements Office 10th Floor 20 Bond Street SYDNEY NSW 2001 Dear Sir, Results for announcement to the market Watpac Limited 31 December 2011 Appendix 4D 1. Details

More information

D.E MASTER BLENDERS 1753 N.V.

D.E MASTER BLENDERS 1753 N.V. UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS For the six months periods ended 31 December 2012 and 31 December 2011 TABLE OF CONTENTS UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL

More information

Finansinspektionen s Regulatory Code

Finansinspektionen s Regulatory Code Finansinspektionen s Regulatory Code Publisher: Finansinspektionen, Sweden, www.fi.se ISSN 1102-7460 This document is furnished for informational purposes only and is not itself a legal document. Finansinspektionen

More information