Telstra 2013 Annual Report Download - page 198
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NOTES TO THE
FINANCIAL STATEMENTS
(CONTINUED)
196 Telstra Annual Report 2013 Telstra Corporation Limited and controlled entities
We are not aware of any matter or circumstance that has occurred
since 30 June 2013 that, in our opinion, has significantly affected or
may significantly affect in future years:
• our operations;
• the results of those operations; or
• the state of our affairs;
other than:
Final Dividend
On 8 August 2013, the Directors of Telstra Corporation Limited
resolved to pay a fully franked final dividend of 14 cents per ordinary
share. The record date for the final dividend will be 23 August 2013,
with payment being made on 20 September 2013. Shares will trade
excluding the entitlement to the dividend on 19 August 2013.
A provision for dividend payable has been raised as at the date of
resolution, amounting to $1,738 million. The final dividend will be
fully franked at a tax rate of 30 per cent. The financial effect of the
dividend resolution was not brought to account as at 30 June 2013.
There are no income tax consequences for the Telstra Group
resulting from the resolution and payment of the final ordinary
dividend, except for $745 million of franking debits arising from the
payment of this dividend that will be adjusted in our franking account
balance.
The Dividend Reinvestment Plan continues to be suspended.
31. EVENTS AFTER REPORTING DATE