BISICHI MINING PLC ANNUAL REPORT 2017

Financial statements Notes to the financial statements
7. TAXATION CONTINUED
(c) Analysis of United Kingdom and overseas tax:
United Kingdom tax included in above:
Corporation tax 231 10
Adjustment in respect of prior years (5) -
Current tax 226 10
Deferred tax (197) 8
29 18
Overseas tax included in above:
Current tax 136 60
Deferred tax 399 (139)
535 (79)
8. DIVIDENDS PAID
2017
Per share
2017
£’000
2017
£’000
2016
Per share
Dividends paid during the year relating to the prior period 4.00p 427 4.00p 427
Dividends relating to the current period:
Interim dividend for 2017 paid on 9 February 2018 1.00p 107 1.00p 107
Proposed final dividend for 2017 3.00p 320 3.00p 320
Proposed special dividend for 2017 1.00p 107 - -
5.00p 534 4.00p 427
The dividends relating to the current period are not accounted for until they have been approved at the Annual General Meeting. The amount, in
respect of 2017, will be accounted for as an appropriation of retained earnings in the year ending 31 December 2018.
9. PROFIT AND DILUTED PROFIT PER SHARE
Both the basic and diluted profit per share calculations are based on a profit of £749,000 (2016: £479,000). The basic profit per share has been
calculated on a weighted average of 10,676,839 (2016: 10,676,839) ordinary shares being in issue during the period. The diluted profit per share has
been calculated on the weighted average number of shares in issue of 10,676,839 (2016: 10,676,839) plus the dilutive potential ordinary shares
arising from share options of nil (2016: nil) totalling 10,676,839 (2016: 10,676,839).
Share options exercisable as at 31 December 2017 do not have a dilutive effect as the average market price of ordinary shares during the period
does not exceed the exercise price of the options.
2016
£’000
2016
£’000
70 Bisichi Mining PLC