Phnom Penh Water Supply Authority (PPWSA) 

Dividend distribution to the common shareholders of PPWSA for the year 2013

April 08, 2014

Phnom Penh Water Supply Authority

• Standard code: KH1000010004
• Symbol: PWSA

Disclosure Details

A. Resolution on distribution of dividend for the year 2013

On March 20, 2014, the 5th mandate BOD of PPWSA decided on dividend distribution to shareholders of common stock of PPWSA for the year 2013 as the followings:

1. Type of Dividend: Cash
2. Period of Dividend: annual
3. Dividend Payout Ratio: 12.50% (year 2012: 7%)
4. Total Dividend: KHR4,761,003,750 (year 2012: KHR2,409,156,587.40)
5. Dividend Per Share: KHR54.74 (year 2012: KHR27.70)
6. Record Date: April 9, 2014
7. Payment Date: April 23, 2014

This dividend distribution decision is based on main factor on capital investment needed for year 2014 amounted of KHR93,760,591,423 in which there is capital of PPWSA of KHR39,756,809,623 and financing from AFD for KHR54,003,781,800 as the followings:

1. Expansion of Water supply capacity
• PPWSA plans to construct water treatment factory, Niroth stage II (capacity of 130,000m3/day) that is planned to expense about KHR22,085,700,420. This amount gets from PPWSA budget of KHR10,270,213,820 and financing from AFD of KHR11,815,486,600.
• PPWSA plans to input water distribution tube 120,000m long covered all area in Phnom Penh. The total expense is about KHR58,086,788,603 getting from PPWSA budget of KHR15,898,493,403 and financing from AFD of 42,188,295,200.
2. Renovation of water distribution system
• PPWSA plans to renovate water distribution system in Phum Prek factory that is estimated to use PPWSA budget of KHR5,302,050,300.
• PPWSA plans to renovate water distribution system at Chroy Changva that is estimated to use PPWSA budget of KHR236,553,600.
3. Facilities for Supporting the Project: PPWSA plans to purchase facilities for supporting the project that will use PPWSA budget of KHR6,901,522,000.
4. Civil Construction: PPWSA plans to construct civil construction that will use PPWSA budget of KHR1,147,976,500.

B. Water Distribution Plan at Koh Pich

Beside investment plan above, PPWSA plans to supply clean water to Koh Pich about 3,350m long that will use PPWSA budget of USD1,129,000.

C. Estimated Income for the year 2014 (after tax)

1. PPWSA estimates to have total revenues for the year 2014 of KHR172,936,152,000.
2. PPWSA estimates to have expenses for the year 2014 of KHR119,799,189,000.
3. PPWSA estimates to have tax expenses on income for the year 2014 of KHR9,564,653,000.
4. PPWSA estimates to have net income (after tax) for the year 2014 of KHR43,572,310,000.