Financial Report 2008 - Leighton Holdings

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Notes to the Financial Statements continuedfor the year ended 30 June 200818. INTEREST BEARING LIABILITIESConsolidatedCompanyNote2008$’0002007$’0002008$’0002007$’000Interest-bearing loans - secured 4,591 6,216Interest-bearing loans - unsecured 768,411 26,482Interest-bearing loans 33 773,002 32,698 - -Limited recourse loan 33 449,288 -Leighton Finance International Notes 33 115,789 129,412Interest-bearing limited recourse loans 565,077 129,412 - -Leighton Notes 33 200,000 200,000 200,000 200,000Interest-bearing liabilities expected to be settled more than 12 months after reporting date: Group $983,868 (2007: $32,698),Company $nil (2007: $200,000).The secured loans are non-recourse property development loans secured against certain property development assets of theGroup.There was no difference between the face values and the carrying values of the interest bearing liabilities other than in respectof the limited recourse loans where the face value was $572,631 (2007: $129,412).Leighton Holdings Limited Financial Report 2008 NOTES TO THE FINANCIAL STATEMENTS 22
Notes to the Financial Statements continuedfor the year ended 30 June 200819. EQUITYCompany2008 2007Issued and fully paid share capitalBalance at beginning of reporting period 278,088,067 277,974,567Share options exercised - 113,500Balance at reporting date 278,088,067 278,088,067Holders of ordinary shares are entitled to receive dividends as declared from time to time and are entitled to one vote per shareat shareholders’ meetings. In the event of winding up of the Company ordinary shareholders rank after creditors and are fullyentitled to any proceeds of liquidation.ConsolidatedCompany2008$’0002007$’0002008$’0002007$’000Share capitalBalance at beginning of reporting period 480,988 479,744 480,988 479,744Contributions of equity - 1,244 - 1,244Balance at reporting date 480,988 480,988 480,988 480,988Subsequent to reporting date, the Group announced a 1 for 14 Accelerated Pro-rata Entitlement Offer of approximately 19.8million new shares at an offer price of $35.35 per new share to raise approximately $700 million.Leighton Holdings Limited Financial Report 2008 NOTES TO THE FINANCIAL STATEMENTS 23
Page 4: Statements of Recognised Income and
Page 8 and 9: Notes to the Financial Statements c
Page 70 and 71: Statutory StatementsDirectors’ De

Financial Report 2008 - Leighton Holdings

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