As per the projected income statement over the next five years what dividend policy is it recommend for the company and why Name Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Total Revenue 15,366 18,103 50 16,196 40 14,027 60 14,595 70 Revenue 15,366 18,103 50 16,196 40 14,027 60 14,595 70 Other Revenue, Total Cost of Revenue, Total 11,074 40 12,455 20 11,513 60 9,230 9,551 90 Gross Profit 4,291 60 5,648 30 4,682 80 4,797 60 5,043 80 Total Operating Expenses 14,957 20 16,411 30 14,989 50 12,539 60 12,942 80 Selling General Admin Expenses, Total 1,077 857 50 800 80 820 50 786 50 Research Development Depreciation Amortization 430 40 429 50 420 60 417 20 481 60 Interest Expense (Income) Net Operating Unusual Expense (Income) Other Operating Expenses, Total 2,375 40 2,669 10 2,254 50 2,071 90 2,122 80 Operating Income 408 80 1,692 20 1,206 90 1,488 1,652 90 Interest Income (Expense), Net Non Operating 78 20 72 60 68 50 66 60 77 80 Gain (Loss) on Sale of Assets Other, Net 9 70 99 60 64 80 99 40 109 30 Net Income Before Taxes 320 90 1,719 20 1,203 20 1,520 80 1,684 40 Provision for Income Taxes 129 20 466 330 40 407 448 20 Net Income After Taxes 191 70 1,253 20 872 80 1,113 80 1,236 20 Minority Interest 55 60 27 10 47 30 27 10 6 60 Equity In Affiliates U S GAAP Adjustment Net Income Before Extraordinary Items 247 30 1,280 30 920 10 1,140 90 1,242 80 Total Extraordinary Items Net Income 247 30 1,280 30 920 10 1,140 90 1,242 80 Total Adjustments to Net Income Income Available to Common Excluding Extraordinary Items 247 30 1,280 30 920 10 1,140 90 1,242 80 Dilution Adjustment Diluted Net Income 247 30 1,280 30 920 10 1,140 90 1,242 80 Diluted Weighted Average Shares 538 92 537 94 538 07 538 16 538 15 Diluted EPS Excluding Extraordinary Items 0 46 2 38 1 71 2 12 2 31 DPS Common Stock Primary Issue 1 0 1 25 0 2 Diluted Normalized EPS 0 46 2 38 1 71 2 12 2 31

Question: As per the projected income statement over the next five years what dividend policy is it recommend for the company and why? Name Mar 31,

As per the projected income statement over the next five years what dividend policy is it recommend for the company and why?

Name	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Total Revenue	15,366	18,103.50	16,196.40	14,027.60	14,595.70
Revenue	15,366	18,103.50	16,196.40	14,027.60	14,595.70
Other Revenue, Total	-	-	-	-	-
Cost of Revenue, Total	11,074.40	12,455.20	11,513.60	9,230	9,551.90
Gross Profit	4,291.60	5,648.30	4,682.80	4,797.60	5,043.80
Total Operating Expenses	14,957.20	16,411.30	14,989.50	12,539.60	12,942.80
Selling/General/Admin. Expenses, Total	1,077	857.50	800.80	820.50	786.50
Research & Development	-	-	-	-	-
Depreciation / Amortization	430.40	429.50	420.60	417.20	481.60
Interest Expense (Income) - Net Operating	-	-	-	-	-
Unusual Expense (Income)	-	-	-	-	-
Other Operating Expenses, Total	2,375.40	2,669.10	2,254.50	2,071.90	2,122.80
Operating Income	408.80	1,692.20	1,206.90	1,488	1,652.90
Interest Income (Expense), Net Non-Operating	-78.20	-72.60	-68.50	-66.60	-77.80
Gain (Loss) on Sale of Assets	-	-	-	-	-
Other, Net	-9.70	99.60	64.80	99.40	109.30
Net Income Before Taxes	320.90	1,719.20	1,203.20	1,520.80	1,684.40
Provision for Income Taxes	129.20	466	330.40	407	448.20
Net Income After Taxes	191.70	1,253.20	872.80	1,113.80	1,236.20
Minority Interest	55.60	27.10	47.30	27.10	6.60
Equity In Affiliates	-	-	-	-	-
U.S GAAP Adjustment	-	-	-	-	-
Net Income Before Extraordinary Items	247.30	1,280.30	920.10	1,140.90	1,242.80
Total Extraordinary Items	-	-	-	-	-
Net Income	247.30	1,280.30	920.10	1,140.90	1,242.80
Total Adjustments to Net Income	-	-	-	-	-
Income Available to Common Excluding Extraordinary Items	247.30	1,280.30	920.10	1,140.90	1,242.80
Dilution Adjustment	-	-	-	-	-
Diluted Net Income	247.30	1,280.30	920.10	1,140.90	1,242.80
Diluted Weighted Average Shares	538.92	537.94	538.07	538.16	538.15
Diluted EPS Excluding Extraordinary Items	0.46	2.38	1.71	2.12	2.31
DPS - Common Stock Primary Issue	1	0	1.25	0	2
Diluted Normalized EPS	0.46	2.38	1.71	2.12	2.31

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