AWB Limited - 2003 Annual Report

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ASX ADDITIONAL INFORMATION SHAREHOLDER INFORMATION Additional information required by the Australian Stock Exchange and not shown elsewhere in this report is as follows. The information is current as at 12 December 2003. a) Distribution of equity securities The number of shareholders, by size of holding, in each class of share are: Ordinary shares Number of holders Number of shares 1 – 1,000 26,575 9,892,822 1,001 – 5,000 23,810 61,305,213 5,001 – 10,000 7,760 55,017,211 10,001 – 100,000 6,290 124,847,541 100,001 and over 76 75,940,105 64,511 327,002,892 The number of shareholders holding less than a marketable parcel of shares are: 7,542 463,545 b) Twenty largest shareholders The names of the twenty largest holders of quoted shares are: Listed ordinary shares Number of shares Percentage of ordinary shares 1 J P Morgan Nominees Australia Limited 18,346,522 5.61 2 Westpac Custodian Nominees Limited 13,131,129 4.02 3 National Nominees Limited 11,095,671 3.39 4 Citicorp Nominees Pty Limited 3,672,251 1.12 5 RBC Global Services Australia Nominees Pty Limited 3,171,269 0.97 6 Westpac Financial Services 2,584,499 0.79 7 HSBC Custody Nominees (Australia) Limited 2,115,461 0.65 8 AMP Life Limited 2,056,498 0.63 9 UBS Private Clients Australia Nominees Pty Limited 1,177,469 0.36 10 RBC Global Services Australia Nominees Pty Limited 932,861 0.29 11 Cogent Nominees Pty Limited 924,642 0.28 12 ANZ Nominees Limited 888,796 0.27 13 Queensland Investment Corporation 776,208 0.24 14 ANZ Nominees Limited 772,994 0.24 15 Government Superannuation Office 612,425 0.19 16 Permanent Trustee Australia Limited 551,351 0.17 17 Australian United Investment Company Limited 550,000 0.17 18 RBC Global Services Australia Nominees Pty Limited 463,384 0.14 19 AWB Custodians Pty Limited 460,900 0.14 20 Transport Accident Commission 458,354 0.14 64,742,684 19.81 c) Substantial shareholders The only substantial shareholder as at 12 December 2003 was J P Morgan Nominees Australia Limited with 18,346,522 AWB B class shares representing 5.61% of issued capital. 90
FINANCIAL CALENDAR – 2004 Annual General Meeting Half year end Half year results and interim dividend announcement Payment of interim dividend Full year end Full year results and final dividend announcement Payment of final dividend 11 Mar 31 Mar 26 May 2 Jul 30 Sep 24 Nov 17 Dec DUAL CLASS SHARE STRUCTURE AWB Limited has two classes of shares: A class shares – can only be issued to current wheat growers (that meet the definition of Grower in the constitution). These cannot be transferred and must be redeemed when the A class shareholder ceases to be a Grower. A class shares are not entitled to receive any dividend; however, they do carry other important rights giving A class shareholders control of AWB, including giving A class shareholders the ability to elect a majority of the board of directors; and B class shares – the only class of shares that are quoted on the Australian Stock Exchange (ASX). B class shares carry rights to receive dividends and the right to elect a minority of the board of directors. They can be freely traded by anyone, subject to no shareholder owning more than 10% of the B class shares on issue. VOTING RIGHTS The voting rights for holders of each AWB share class are as follows: A class shares – on a show of hands, the holder of an A class share has one vote and on a poll the holder has the number of votes determined by their average annual tonnage of wheat delivered as follows: one vote; plus an additional vote if their average annual tonnage of wheat delivered to the AWB Group is more than 33 1/3 tonnes per year for the three years ending at the prior financial year; plus an additional vote for each 500 tonnes, or part thereof, per year of average annual tonnage delivered by the A class shareholder to the AWB Group above 500 tonnes per year for the three years ending at the prior financial year. At 30 September 2003, there were 33.502 A class shares; and B class shares – on a show of hands, the holder of a B class share has one vote and on a poll the holder has one vote for each B class share held. At 30 September 2003, there were 63,522 B class shareholders. ANNUAL GENERAL MEETING AWB’s Annual General Meeting will be held at 12 noon (Melbourne time) on Thursday 11 March 2004 at the Auditorium, Level 2, Melbourne Exhibition Centre, 2 Clarendon Street, Southbank, Melbourne, Victoria. Details of the business of the meeting are contained in the separate Notice of Meetings. DIVIDEND PAYMENT A fully franked final dividend of 11 cents per share was paid on 19 December 2003 to B class shareholders registered on the AWB share register at 5 December 2003. For Australian tax purposes, the dividend was fully franked at the company tax rate of 30%. AWB has introduced a Dividend Reinvestment Plan (DRP) effective from the 2003 final dividend. The DRP is fully underwritten for the 2003 final dividend and 2004 interim dividend. Eligible shareholders can have all or part of the dividend reinvested in additional shares at a 5% discount. Participation is entirely voluntary. The discount is applicable only for the two dividends mentioned above and may be changed or removed by the board of AWB Limited. Further details on the terms and conditions of the DRP can be found on AWB’s website at www.awb.com.au or by contacting the company’s share registry. STOCK EXCHANGE LISTING AWB B class shares are listed on the ASX and reported in the industrial section of daily newspapers under the code AWB. SHARE REGISTRY Computershare Investor Services Pty Ltd PO Box 14061 Melbourne City MC VIC 8001 Tel: 1800 810 032 Fax: 1800 800 053 Please quote your current address together with your Securityholder Reference Number (SRN) or Holder Identification Number (HIN) as shown on your Issuer Sponsored/CHESS statements. CHANGE OF ADDRESS OR BANKING DETAILS Shareholders should notify the share registry in writing immediately of changes of address, or banking details for dividends electronically credited to a bank account. REMOVAL FROM ANNUAL REPORT MAILING LIST Shareholders who no longer want to receive the annual report should call the AWB share registry on 1800 810 032 to register their choice. Shareholders will continue to receive all other information including the notice of the Annual General Meeting and proxy form. The annual report can also be viewed on AWB’s website at www.awb.com.au INVESTOR RELATIONS Investors with questions regarding AWB financial information are invited to contact: Investor Relations AWB Limited 380 La Trobe Street Melbourne VIC 3000 Email: investor.relations@awb.com.au 91
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Annual Report 2003 imagine the futu
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During the past year, Australia has
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FINANCIAL PERFORMANCE SUMMARY Droug
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There are six key business streams
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chairman’s and managing director
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As a gesture of AWB's appreciation
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pool management services AWB Nation
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For the 2001/02 Pool, AWB managed a
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finance and risk management Harvest
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Through “ring fencing”, AWB was
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grain acquisition and trading Grain
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supply chain and other investments
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Children of AWB employees enjoying
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grain technology AWB Grain Technolo
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landmark Overview Landmark is Austr
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our people and systems People AWB e
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AWB has committed itself to a thoro
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Charles Stott Group General Manager
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the chairman, Mr Robert Barry and M
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Identification and Management of Si
Page 41 and 42: Birchip in Victoria and a former Vi
Page 43 and 44: Brendan Stewart Chairman, Non-execu
Page 45 and 46: international presence 43
Page 47 and 48: INNOVATION FOCUS TO DELIVER NEW OPP
Page 49 and 50: LIKELY DEVELOPMENTS AND EXPECTED RE
Page 51 and 52: DIRECTORS' MEETINGS (continued) Dir
Page 53 and 54: STATEMENT OF FINANCIAL POSITION AS
Page 55 and 56: NOTES TO AND FORMING PART OF THE FI
Page 57 and 58: (h) Derivatives (continued) transac
Page 59 and 60: 2. REVENUE FROM ORDINARY ACTIVITIES
Page 61 and 62: 4. TAXATION Consolidated AWB Limite
Page 63 and 64: 8. OTHER ASSETS Consolidated AWB Li
Page 65 and 66: 11. OTHER FINANCIAL ASSETS Consolid
Page 67 and 68: 13. PROPERTY, PLANT AND EQUIPMENT (
Page 69 and 70: 16. PROVISIONS Consolidated AWB Lim
Page 71 and 72: 20. OUTSIDE EQUITY INTERESTS Consol
Page 73 and 74: 24. REMUNERATION OF DIRECTORS Conso
Page 75 and 76: 27. RELATED PARTY DISCLOSURES (cont
Page 77 and 78: 28. SEGMENT INFORMATION (continued)
Page 79 and 80: 31. EMPLOYEE BENEFITS AND SUPERANNU
Page 81 and 82: 32. FINANCIAL INSTRUMENTS (continue
Page 83 and 84: 32. FINANCIAL INSTRUMENTS (continue
Page 85 and 86: 33. DEED OF CROSS GUARANTEE Pursuan
Page 87 and 88: 34. CONTROLLED ENTITIES (continued)
Page 89 and 90: 35. EARNINGS PER SHARE Consolidated
Page 91: INDEPENDENT AUDIT REPORT TO MEMBERS
Page 95 and 96: AWB GROUP LOCATIONS ROYCE DESIGN AW
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AWB Limited - 2003 Annual Report

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