notes to the
financial statements
31 December 2015
28.
Other financial liabilities (cont’d)
Finance leases (cont’d)
Future minimum lease payments under finance leases together with the present value of the net minimum lease
payments are as follows:
Group
2015
2014
Minimum
lease
payments
Present
value of
payments
Minimum
lease
payments
Present
value of
payments
$’000
$’000
$’000
$’000
Not later than one year
17
15
20
18
Later than one year and not later than five years
30
27
16
15
Total minimum lease payments
47
42
36
33
Less: Amounts representing finance charges
(5)
–
(3)
–
Present value of minimum lease payments
42
42
33
33
29.
Other liabilities
Group
Company
2015
$’000
2014
$’000
2015
$’000
2014
$’000
Deferred income comprised:
- Advance billings receivable
2,858
624
–
–
- Advance billings received
19
–
–
–
Provision for performance share scheme
855
1,467
81
83
3,732
2,091
81
83
30.
Dividends
Group and Company
2015
$’000
2014
$’000
Declared and paid during the year
Dividends on ordinary shares
- Interim tax exempt one-tier dividend for 2015: $0.010 (2014: $0.015)
per ordinary share
1,977
2,919
- Final tax exempt one-tier dividend for 2014: $0.025 (2013: $0.025)
per ordinary share
4,898
4,863
6,875
7,782
Proposed but not recognised as a liability as at 31 December
Dividends on ordinary shares, subject to shareholders’ approval at the
Annual General Meeting
- Final tax exempt one-tier dividend for 2015: $0.020 (2014: $0.025)
per ordinary share
3,935
4,864
• e x p e r i e n c i n g
k i n g s m e n
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