RFG Annual Report 2007 - Retail Food Group

19. Other liabilities
49
2007
$’000
Consolidated
2006
$’000
2007
$’000
Company
Current
Retention bonds and deposits 668 233 – –
Amount payable for offer acceptances—listed company investment 10,888 – 10,888 –
11,556 233 10,888 –
20. Issued capital
2006
$’000
Retail Food Group Annual Report
2007
$’000
Consolidated
2006
$’000
2007
$’000
Company
2006
$’000
72,672,224 fully paid ordinary shares (2006: 71,691,259) (i) (ii) 32,301 31,014 32,301 31,014
(i) Changes to the then Corporations Law abolished the authorised capital and par value concept in relation to share capital from 1 July 1998. Therefore, the company does not have a limited
amount of authorised capital and issued shares do not have a par value.
(ii) The increase in ordinary shares on issue was a result of the Group’s Dividend Reinvestment Plan (‘DRP’) resolved on 12 April 2007.
2007 2006
No.
’000 $’000
No.
’000 $’000
Fully paid ordinary shares
Balance at beginning of fi nancial year 71,691 31,014 1,499 30,237
Conversion of ‘A’ class shares into ordinary shares – – 150 1
Share split (1,649,351 into 63,309,016 shares) – – 67,660 –
New shares issued 981 1,297 2,382 2,335
Share issue costs – (15) – (2,227)
Tax effect of share issue costs – 5 – 668
Balance at end of fi nancial year 72,672 32,301 71,691 31,014
‘A’ class shares
Balance at beginning of fi nancial year – – 150 1
Conversion into ordinary shares – – (150) (1)
Balance at end of fi nancial year – – – –
Fully paid ordinary shares carry the one vote per share and carry the right to dividends.