Full-year - Chime Communications PLC

Notes to the consolidated financial statements10. Discontinued operationsThe results of the discontinued operations which have been included in the consolidated income statement, are as follows:2008 2007£’000 £’000Revenue – 759Expenses – (845)Net loss before tax – (86)Attributable tax credit – 25Net loss on disposal of discontinued operations – (61)The effect of discontinued operations on segment results is disclosed in note 4.On 30 June 2007 the Group disposed of the trade and assets in Rare Corporate Design Limited to its management. There were no attributabledisposal costs. At the same time Chime took a 40% stake in the new entity.11. Dividends2008 2007Amounts recognised as distributions to equity holders in the year: £’000 £’000Final dividend for the year ended 31 December 2007 of 2.40p (2006 – 2.00p) per share 1,352 1,043Interim dividend for the year ended 31 December 2008 of 1.54p (2007 – 1.10p) per share 867 5812,219 1,624Proposed final dividend for the year ended 31 December 2008 of 3.18p (2007 – 2.40p) per share 1,789 1,262The proposed final dividend is subject to approval by shareholders at the Annual General Meeting and has not been included as a liability in thesefinancial statements.Under an arrangement dated 3 April 1996, The Chime Communications Employee Trust which holds 1,508,965 ordinary shares representing 2.6%of the Company’s called-up share capital, has agreed to waive dividends on 804,108 ordinary shares, the difference being those shares held underthe Deferred Share Plan.Dividends per share have been restated to take into account the share consolidation carried out on 14 May 2008.Annual Report & Accounts 2008 65