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CIMIC Group Limited Annual Report 2016 |
Financial Report
Notes continued
for the 12 months to 31 December 2016
38. CIMIC GROUP LIMITED AND CONTROLLED ENTITIES
CONTINUED
i)
Deed of Cross Guarantee
continued
A consolidated statement of profit or loss and statement of financial position, comprising the Company and entities which are a party to
the Deed of Cross Guarantee dated 10 June 2008, after eliminating all transactions between parties to the Deed of Cross Guarantee, at 31
December 2016 is set out below:
Deed of Cross Guarantee
12 months to
December 2016
$m
12 months to
December 2015
$m
Statement of Profit or Loss
Profit / (loss) before tax
480.5
2,748.0
Income tax (expense) / benefit
(119.9)
(169.1)
Profit / (loss) for the period
360.6
2,578.9
Retained earnings brought forward
4,062.2
1,858.3
Retained earnings brought forward - adjustment for new entities party to the Deed of Cross
Guarantee
-
-
Retained earnings brought forward - adjustment for entities removed from the Deed of Cross
Guarantee
-
10.9
Dividends paid
(320.5)
(385.9)
Retained earnings at reporting date
4,102.3
4,062.2
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