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8m 2010 184m significant changes in the state of

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Unformatted text preview: abilities by $17.6m (2010: net debt of $0.2m), providing flexibility to pursue opportunities that may arise. The Group has $10.6m of unused facilities as at 30 June 2011 (2010: $13.2m), the decrease reflecting a reduction in the Group’s overall facilities to $11.8m (2010: $18.4m). SIGNIFICANT CHANGES IN THE STATE OF AFFAIRS There have been no significant changes in the state of affairs during the year and up to the date of this report, with the exception of those matters previously outlined under the heading of Operating and Financial Review above. MATTERS SUBSEQUENT TO THE END OF THE FINANCIAL YEAR The directors of Wellcom Group Limited declared a final dividend on ordinary shares in respect of the 2011 financial year on 17 August 2011. The total amount of the dividend is $3.527m which represents a fully franked dividend of 9 cents per share. The dividend has not been provided for in the 30 June 2011 financial statements. On 1 July 2011 the Group acquired the business assets of Mission Possible (Create) Ltd, located in London (United Kingdom). The acquisition was funded by cash reserves. No other matter or circumstance has arise...
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