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89
Qantas Annual Report 2005
~Notes to the Financial Statements~
for the year ended 30 June 2005
17. Current tax liabilities
Qantas Group Qantas
2005
$M
2004
$M
2005
$M
2004
$M
Income tax
– Australia 82.6 25.8 81.9 25.1
– overseas 3.3 4.3 1.9 2.1
85.9 30.1 83.8 27.2
18. Contributed equity
$M $M $M $M
Issued and paid up capital: 1,897,648,748 (2004: 1,845,115,040)
ordinary shares, fully paid as at 30 June 4,173.4 3,994.9 4,173.4 3,994.9
Movements in the share capital of Qantas during the financial year were as follows:
Date Details
Number
of Shares
M
2005
$M
1 July 2004 Balance at the beginning of the financial year 1,845.1 3,994.9
29 September 2004 Dividend Reinvestment Plan 22.7 73.8
6 April 2005 Dividend Reinvestment Plan 29.8 104.7
30 June 2005 Balance at the end of the financial year 1,897.614,173.4
1 Includes the conversion of an amount of 1,280,109 QLTEIP Entitlements into 388 shares on 18 August 2004 and a further amount of 1,844,861 QLTEIP
Entitlements into 59,177 shares on 16 February 2005.
Holders of ordinary shares are entitled to receive dividends as declared from time to time and are entitled to one vote per share at
shareholders’ meetings.
In the event of winding-up, Qantas ordinary shareholders rank after all creditors and are fully entitled to any residual proceeds on
liquidation.