OREANDA-NEWS. August 01, 2011. Russian Railways will pay 3.99 billion roubles in dividends for 2010, which amounts to 5.08% of the Company’s net profit last year, reported the press-centre of Russian Railways.

The decision is contained in an order of the Russian government made on 30 June 2011 at the annual shareholders meeting.

According to the order, the meeting also approved the 2010 Annual Report of Russian Railways, the balance sheet and the profit and loss account.

In addition, the meeting approved the composition of the Board of Directors consisting of 13 people and the Audit Commission.

BDO (Russia) has been appointed auditor to Russian Railways for 2011.

The Russian government is the sole shareholder of Russian Railways and holds the stock on behalf of the Russian state.