The Company has paid out over $114 million in fully franked dividends
during that time and also acquired the Panton PGM Project, Magma Metals, the Mt Henry Gold Project and the Gidgee Gold Project (now Gum Creek).
* Total fully franked dividends
of A$0.30 per share (1H18: A$0.11 per share) comprising:
The Company expects to report growth in revenue, profit, earnings per share and fully franked dividends
12 Months to 31 December 2004($m) 2005($m) Revenue from continuing operations 116.0 161.2 Operating EBITDA 42.9 60.6 Operating EBIT 19.3 27.9 Non operating revenues and specific costs (6.8) (3.1) Net interest & share of associate loss 1.0 0.9 Profit before tax 13.5 25.7 Taxation expense (6.4) (8.0) Profit after tax from continuing operations 7.1 17.7 Earnings per share 2.01 4.20 Fully franked dividends (declared) /share (cents) 2.25 4.00
- Fully franked dividend of 2.75 cents declared (up 22%) together with a further fully franked special dividend of 1.25 cents per share
are those that are paid out of corporate profits on which Australian corporate tax has been paid.
Fully franked dividends totalling A$127.0 million paid during the year (FY18: A$109.9 million)
Final fully franked dividend of 6 cents per share, totalling A$101.8 million, declared based on Evolution's new dividend policy of a payout ratio targeting 50% of free cash flow
(iv) When franked dividends
are received by a resident company the imputation credits are preserved and may be used to frank dividends paid by the recipient company.