1999
1998
Ordinary dividends
Proposed and paid during the year
15,735
516,883
Proposed and not paid at year-end (Note 12)
-
120,000
Total dividends
636,883
Dividends are declared at quarter-ends and paid in the following quarter.
Note 1 Principal Activities Note 2 Basis of Presentation Note 3 Significant Accounting Policies Note 4 Cash and short-term Funds Note 5 Loans and Advances to Banks Note 6 Loans and Advances to Customers Note 7 Other Assets Note 8 Premises and Equipment Note 9 Due to Banks Note 10 Customer Accounts Note 11 Other Borrowed Funds Note 12 Other Liabilities Note 13 Paid-in Capital Note 14 Retained earnings / Accumulated Deficit Note 15 Fees and Commission Income Note 16 Fees and Commission Expense Note 17 General, Administrative and Other Operating Expenses Note 18 Taxation Note 19 Dividends Note 20 Asset and Liability Concentration Note 21 Risk Management Note 22 Commitments and Contingent Liabilities Note 23 Reconciliation of Azeri Accounting Rules to International Accounting Standards Note 24 Related Party Transactions
