Wellcom_FY11-Financial-Report

C guarantees and contingent liabilities as at 30 june

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 32. Subsequent events In the interval between the end of the reporting period and the date of this report the following events or transactions have occurred or been completed which, in the opinion of the directors, are likely to affect significantly either the operations of the Group, the results of those operations or the state of affairs of the Group in future financial periods. Dividends On 17 August 2011, the Company declared a final dividend of 9 cents per ordinary share, payable from profits for the year ended 30 June 2011. The total final dividend proposed is $3,527,100 and will be franked to 100%. The record date for determining entitlements to the dividend is 1 September 2011 and the payment date is the 15 September 2010. Acquisition of Mission Possible (Create) Ltd 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. 74 Wellcom Group Limited Notes to the Consolidated Financial Statements 33. Addit...
View Full Document

Ask a homework question - tutors are online