Vodafone 2015 Annual Report Download - page 187
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9. Equity dividends
Accounting policies
Dividends paid and received are included in the Company nancial statements in the period in which the related dividends are actually paid
or received or, in respect of the Company’s nal dividend for the year, approved by shareholders.
2015 2014
£m £m
Declared during the nancial year:
Final dividend for the year ended 31 March 2014: 7.47 pence per share (2013: 6.92 pence per share) 1,975 3,365
Interim dividend for the year ended 31 March 2015: 3.60 pence per share (2014: 3.53 pence per share) 955 1,711
Special dividend for the year ended 31 March 2015: nil (2014: 172.94 US cents per share)1–35,490
2,930 40,566
Proposed after the balance sheet date and not recognised as a liability:
Final dividend for the year ended 31 March 2015: 7.62 pence per share (2014: 7.47 pence per share) 2,020 1,975
Note:
1 Refer to note 9 “Equity dividends” to the consolidated nancial statements for further information on the Return of Value to shareholders, following the disposal of the US Group whose principal
asset was its 45% interest in VZW.
10. Contingent liabilities
2015 2014
£m £m
Performance bonds1–171
Other guarantees and contingent liabilities 1,670 2,738
Note:
1 Performance bonds require the Company to make payments to third parties in the event that the Company or its subsidiaries do not perform what is expected of them under the terms of any
related contracts.
Other guarantees and contingent liabilities
Other guarantees principally comprise the Company’s guarantee of the Group’s 50% share of an AUD 1.7 billion loan facility and a US$3.5 billion loan
facility of its joint venture, Vodafone Hutchison Australia Pty Limited.
The Company will guarantee the debts and liabilities of certain of its UK subsidiaries at the balance sheet date in accordance with section 479C
of the Companies Act 2006. The Company has assessed the probability of loss under these guarantees as remote.
As discussed in note 30 “Contingent liabilities” to the consolidated nancial statements, the Company has covenanted to provide security in favour
of the trustee of the Vodafone Group UK Pension Scheme and the Trustees of THUS Plc Group Scheme.
Legal proceedings
Details regarding certain legal actions which involve the Company are set out in note 30 “Contingent liabilities” to the consolidated
nancial statements.
Overview Strategy review Performance Governance Financials Additional information Vodafone Group Plc
Annual Report 2015
185