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ALROSA is completing the payment of dividends to shareholders for 2018. The total amount of dividends paid in 2018 was the largest in the history of ALROSA. So, the Company’s payments to the republic turned out to be the most significant.

If we sum up the dividends of ALROSA for the first and second half of the year, the total dividends in 2018 amounted to 73.9 billion rubles or 10.04 rubles. per share. For comparison, for the entire 2017, ALROSA accrued 38.6 billion rubles to shareholders. Yakutia from this share owns 25% + 1 share of the diamond company. Thus, according to the results of 2018, ALROSA paid almost 18.5 billion rubles to the budget of Yakutia. In 2017, this amount was 9.6 billion rubles. In addition to dividends to the region, 8 uluses of the republic in total received another 6 billion rubles; they are also shareholders of ALROSA that own 8%, one for each ulus.

Mirnyy Aerial photography Mirnyy 005

One way or another, Yakutia receives 2/3 of the company's dividends, a third of which is returned in the form of subsidies from the federal center, which belong to the Federal Property Management Agency. The size of subsidies to the region in 2019 is 46.9 billion rubles.

ALROSA not only pays dividends to the republic, the company's taxes are paid here, more than 20,000 employees of the company work here, whose taxes go to the local budget. Moreover, today, of all the subsoil users of Yakutia, the diamond company for many years has been taking a firm position on the level of social investments in the region. The rest of the industrial companies are just entering this path. For many years, ALROSA has financed the construction of many facilities in Yakutia, the financial operator of the funds allocated has been and is the Trust Fund for Future Generations of the Sakha (Yakutia) Republic.

Improvement in sales market

Despite the decline in sales by 20-30%, experienced by the global diamond market and affected all diamond mining companies, ALROSA did not allow a serious reduction in tax deductions. "The Company's management predicts an improvement in the current situation by the end of 2019, and in 2020 a significant improvement in the situation is expected compared with the indicators already this year," the head of Yakutia, Aisen Nikolaev, noted during the meeting of the ALROSA management July 30. This indicates a stable dividend to the shareholders of the Company.

Dividends for the development of Yakutia

Replenishing the budget of the republic, these funds are directed to the development of Yakutia, improving the quality of life. In the meantime, you can mentally calculate what can be done with the amount of almost 25 billion rubles. Let's look at the situation in the context of the information that we have published over the past 12 months.

Multi-family housing

35 residential buildings with 130 apartments built in permafrost conditions. ALROSA built such a house and commissioned it in the fall of 2018 in Udachny. The cost of the Company amounted to 700 million rubles.

Rehabilitation Centers

15 rehabilitation centers for children with disabilities. The construction of such a center for 100 beds in Yakutsk cost 1.6 billion rubles, half of which were transferred by ALROSA.

Schools

70 small schools for 90 children. Like the one in the Abyi settlement, the construction of which was financed by ALROSA (330 million rubles).

Hospitals

60 hospitals worth 400 million rubles. ALROSA has allocated such a sum for the construction of a hospital for 200 beds in Zhigansk.

Sport Centers

Over 100 first-class sports centers. One of these was the center of adaptive sports in Betyuntsy, Amga ulus, which was opened before the 7th Sports Games of the Peoples of Yakutia. 130 million rubles were spent on the long-term construction.

Diamond sorting center

These are only separately taken examples of the company's value in the life of Yakutia, of course, all the consolidated funds received from the company are channeled to various areas throughout the republic. At the same time, 8 so-called diamond provinces of Yakutia, on the territory of which the Company operates, receive almost a billion rubles to the local budget for socio-economic development. If there were more companies registered locally in Yakutia, the socio-economic indicators of the region would become much better. And I would like to remind our readers that the last two letters in the name of the Company mean Sakha.

By Andrey SHILOV

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