Creative 2010 Annual Report Download - page 53

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53
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
27. DIVIDENDS
Group and Company
2010 2009
US$’000 US$’000
Ordinary dividends paid
Final exempt dividend paid in respect of the previous nancial year of S$0.10
(2009: S$Nil) per share (Note 26) 4,930 –
At the Annual General Meeting to be held on 28 October 2010, a nal exempt dividend of S$0.10 per share amounting
to a total of US$4,995,000 will be recommended. These nancial statements do not reect this dividend, which will be
accounted for in shareholders’ equity as an appropriation of retained earnings in the nancial year ending 30 June 2011.
28. COMMITMENTS
(a) Capital and other commitments
Capital and other expenditures contracted for at the balance sheet date but not recognised in the nancial statements are as
follows:
Group Company
2010 2009 2010 2009
US$’000 US$’000 US$’000 US$’000
Property and equipment 16,787 145 344 145
Other purchase obligations 23,281 15,118 16,521 12,848
40,068 15,263 16,865 12,993
(b) Operating lease commitments – where the Group is a lessee
The Group leases land and certain of its facilities and equipment from non-related parties under non-cancellable operating
lease agreements. The leases have varying terms, escalation clauses and renewal rights.
The future minimum lease payables under non-cancellable operating leases contracted for at the balance sheet date but not
recognised as liabilities, are as follows:
Group
2010 2009
US$’000 US$’000
Not later than one year 2,900 3,988
Between one and ve years 4,527 5,733
Later than ve years – 1,075
7,427 10,796