ocr: Proposed Dividend The dividend payable - IS calculated as tollows: Proposed ordinary 100000 shares = 10,000 share dividend 10p on Proposed preference E15000= = 900 share dividend 6% of £10,900 This payment represents a return to the providers of equity. capital.Since this payment: is only proposed as of31712/9xitalso. appears in the Balance Sheet asa a currentliability.
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