Tahiatash thermoelectric power station open joint stock company received net income for 11.09 billion soums in 2012 against 80.164 million soums in 2011

In line with the decision of the shareholders, the company will direct 54.38 million soums to payment of dividends on preferential stocks and 1.11 billion soums to payments of dividends on ordinary shares.

The size of the dividend per ordinary share makes up 568 soums (5.68% to par value) and per preferential stock 2,500 soums (25% to par value). Total number of shares, on which dividends are paid, makes up 1,977,496 units.

At the same time, Uzbekenergo state joint stock company will receive 527.841 million soums of dividends for 2012 and the government – 538.021 million soums.

Tahiatash thermoelectric power station directed 282.305 million soums to remuneration of members of the Supervisory Council, Revision Commission, Executive Body and employees.

The company also allocated 9.643 billion soums to development of production through capitalization of the charter capital.

Shareholders approved decision on increasing charter capital from 19.775 billion soums to 35.595 billion soums due to capitalization of undistributed income through raising nominal value of shares from 10,000 soums to 18,000 soums.

Tahiatash thermoelectric power station was commissioned in 1961 to supply electricity to northern-western districts of Uzbekistan. Its capacity is 730 megawatt. The charter capital is 19.774 billion soums.