annual report 2007 - the Admiral Group plc

68 FINANCIAL STATEMENTSFactors affecting the tax charge are:31 December200731 December2006£000 £000Profit before taxation 182,098 147,342Corporation tax thereon at 30% 54,629 44,203Adjustments in respect of prior year insurance technicalprovisions - 17Expenses and provisions not deductible for tax purposes 178 114Other differences (36) (153)Adjustments relating to prior periods (89) (561)Tax charge for the period as above 54,682 43,62014. DividendsDividends were declared and paid as follows:31 December200731 December2006£000 £000March 2006 (14.9p per share, paid May 2006) - 38,667September 2006 (12.1p per share, paid October 2006) - 31,437March 2007 (24.0p per share, paid May 2007) 62,412 -September 2007 (20.6p per share, paid October 2007) 53,604 -Total dividends 116,016 70,104The dividends declared in March represent the final dividends paid in respect of the 2006 and2005 financial years. Dividends declared in September are interim distributions in respect of2007 and 2006.A final dividend of 23.2p per share has been proposed in respect of the 2007 financial year.Refer to the Chairman’s statement and financial review for further detail.