Financial Report 2008 - Leighton Holdings

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