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2009

2008

2009

2008

Note

$’000

$’000

$’000

$’000

Notes to the Financial Statements

For the year ended 30 June 2009

10. DIVIDENDS PAID AND PROPOSED

Dividends paid on ordinary shares during the year:

Consolidated

Parent

2008 final of 2.0 cents per fully paid share, paid 31 October 2008. Fully franked @ 30% tax

(a)

2007 final of 3.0 cents per fully paid share, paid 29 October 2007. Fully franked @ 30% tax

(b)

Total dividends paid

5,332

5,332

6,753

6,753

5,332

5,332

6,753

6,753

2008 final of 2.0 cents per fully paid share, to be paid 31 October 2008. Fully franked @ 30% tax

5,332

5,332

Total dividends proposed

5,332

5,332

Dividends proposed after year-end and not recognised as a liability as at 30 June:

Franking credit balance

Franking credits available for subsequent financial years based on a tax rate of 30%

22,125

25,116

  • (a)

    The Company has an active Dividend Reinvestment Plan (DRP).

  • (b)

    The DRP referred to in (a) above was applicable to both the 2007 and the 2008 final dividend. Details of shares issued under the plan are disclosed

in note 27(a).

AVJennings Limited ABN 44 004 327 771 49

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