Air New Zealand 2012 Annual Report Download - page 40

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AIR NEW ZEALAND ANNUAL FINANCIAL RESULTS 2012
38
19. OTHER LIABILITIES
GROUP
2012
$M
GROUP
2 011
$M
COMPANY
2012
$M
COMPANY
2 011
$M
Current
Employee entitlements 157 147 139 130
Amounts owing to subsidiaries - - 706 889
Amounts owing to associates 6 2 6 2
Deferred credits with subsidiaries - - - 1
Other liabilities (including defined benefit liabilities) 13 13 11 11
176 162 862 1,033
Non-current
Employee entitlements 14 12 13 12
Other liabilities 11 19 7 10
Amounts owing to subsidiaries - - 97 83
25 31 117 105
20. DISTRIBUTIONS TO OWNERS
GROUP
2012
$M
GROUP
2 011
$M
COMPANY
2012
$M
COMPANY
2 011
$M
Distributions recognised
Final dividend on Ordinary Shares 27 43 27 43
Interim dividend on Ordinary Shares 22 32 22 32
49 75 49 75
Distributions paid
Final dividend on Ordinary Shares 24 39 24 39
Interim dividend on Ordinary Shares 19 30 19 30
43 69 43 69
On 29 August 2012, the Board of Directors declared a final dividend for the 2012 financial year of 3.5 cents per Ordinary Share,
payable on 26 September 2012 to registered shareholders at 14 September 2012. The total dividend payable will be $38 million.
No imputation credits will be attached. This dividend has not been recognised in the June 2012 financial statements.
An interim dividend of 2.0 cents per Ordinary Share was paid on 21 March 2012. No imputation credits were attached. Under the
dividend reinvestment plan, interim dividends payable of $3 million were settled by the issue of 3,341,345 Ordinary Shares, at $0.8483
per Ordinary Share.
A final dividend in respect of the 2011 financial year of 2.5 cents per Ordinary Share was paid on 21 September 2011. No imputation
credits were attached. Under the dividend reinvestment plan, dividends payable of $3 million were settled by the issue of 2,965,084
Ordinary Shares, at $1.0818 per Ordinary Share.
The dividend reinvestment plan is currently suspended.
Notes to the Financial Statements (Continued)
As at 30 June 2012