Lenovo 2014 Annual Report Download - page 104

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102 Lenovo Group Limited 2013/14 Annual Report
DIRECTORS’ REPORT
The directors of Lenovo Group Limited (the “Company”) submit their report together with the audited financial
statements of the Company and its subsidiaries (collectively, the “Group”) for the year ended March 31, 2014.
PRINCIPAL BUSINESS AND GEOGRAPHICAL ANALYSIS OF OPERATIONS
The principal activity of the Company is investment holding. The activities of its principal subsidiaries are set out in note
38 to the financial statements.
Details of the analyses of the Group’s performance for the year by operating segment are set out in note 5 to the
financial statements.
RESULTS AND APPROPRIATIONS
The results of the Group for the year are set out in the consolidated income statement on page 124 of this annual
report.
The state of affairs of the Group and of the Company as at March 31, 2014 is set out in the consolidated and company
balance sheets on pages 126 to 128 of this annual report.
The consolidated cash flows of the Group for the year are set out in the statement on page 129 of this annual report.
An interim dividend of HK6.0 cents (2013: HK4.5 cents) per share, amounting to a total of approximately HK$623.6
million (approximately US$80.4 million) (2013: approximately HK$464.5 million (approximately US$59.9 million)), was
paid to shareholders during the year.
The directors recommend the payment of a final dividend of HK18.0 cents per share for the year ended March 31,
2014 (2013: HK14.0 cents). Subject to shareholders’ approval at the forthcoming annual general meeting (“AGM”), the
proposed final dividend will be payable on Monday, July 14, 2014 to the shareholders whose names appear on the
register of members of the Company on Tuesday, July 8, 2014.
For the purposes of determining shareholders’ eligibility to attend and vote at the AGM, and entitlement to the
proposed final dividend, the register of members of the Company will be closed. Details of such closures are set out
below:
(i) For determining shareholders’ eligibility to attend and vote at AGM:
Latest time to lodge transfer documents for registration 4:30 p.m. on Monday, June 30, 2014
Closure of register of members Wednesday, July 2, 2014
Record date Wednesday, July 2, 2014
(ii) For determining shareholders’ entitlement to the proposed final dividend:
Latest time to lodge transfer documents for registration 4:30 p.m. on Monday, July 7, 2014
Closure of register of members Tuesday, July 8, 2014
Record date Tuesday, July 8, 2014
During the above closure periods, no transfer of shares will be registered. To be eligible to attend and vote at the AGM,
and to qualify for the proposed final dividend, all properly completed transfer documents accompanied by the relevant
share certificates must be lodged for registration with the Company’s share registrar, Tricor Abacus Limited, at Level
22, Hopewell Centre, 183 Queen’s Road East, Hong Kong no later than the aforementioned latest times.