Holiday Inn 2006 Annual Report Download - page 93
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9 Profit and dividends
Profit on ordinary activities after tax amounts to £53m (2005 loss of £851m).
A final dividend, declared in the previous year, of 10.7p per share was paid during the year, amounting to £46m (2005 £nil).
A special interim dividend of 118.0p per share was paid during the year, amounting to £497m.
An interim dividend of 5.1p (2005 4.6p) per share was paid during the year, amounting to £18m (2005 £20m).
A final dividend of 13.3p (2005 10.7p) per share, amounting to £47m (2005 £46m), is proposed for approval at the Annual General Meeting.
The proposed final dividend is payable on shares in issue at 23 March 2007.
The audit fee for both years was borne by a subsidiary undertaking.
10 Contingencies
Contingent liabilities of £169m (2005 £446m) in respect of guarantees of the liabilities of subsidiaries have not been provided for in the
financial statements.
IHG Notes to the parent company financial statements 91
Notes to the parent company financial statements