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CIMIC Group Limited Annual Report 2016 |
Financial Report
Notes continued
for the 12 months to 31 December 2016
23. DIVIDENDS
Cents per
share
$m
2016 final dividend
Subsequent to reporting date the Company announced a 100% franked final dividend in respect of
the year ended 31 December 2016. The dividend is payable on 4 July 2017. This dividend has not
been provided for in the statement of financial position
1
62.0
201.0
Dividends recognised in the reporting period to 31 December 2016
30 June 2016 interim ordinary dividend 100% franked paid on 5 October 2016
48.0
155.6
31 December 2015 final dividend 100% franked paid on 8 April 2016
50.0
164.9
Total dividends recognised in reporting period to 31 December 2016
320.5
Dividends recognised in the reporting period to 31 December 2015
30 June 2015 interim ordinary dividend 100% franked paid on 2 October 2015
46.0
155.7
31 December 2014 final dividend (including special dividend) 100% franked paid on 10 April 2015
68.0
230.2
Total dividends recognised in reporting period to 31 December 2015
385.9
1
The Board has determined a final dividend of 62 cents per share. The total dividend payable is an estimate only, based on the number of
shares on issue as at the date of this financial report. Due to the further on-market share buy-back announced by the Company on 12
December 2016, which commenced on 29 December 2016, there may be fewer shares on issue on the record date for the dividend than
the number of shares on issue as at the date of this financial report.
Company
December 2016
$m
December 2015
$m
Dividend franking account
Balance of the franking account, adjusted for franking credits / debits which arise from the
payment / refund of income tax provided for in the financial statements
398.2
437.8
The impact of the 2016 final dividend, determined after the reporting date, on the dividend franking account will be a reduction of $86.1
million (2015: $72.2 million).
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