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Annual Report 2009 Royal BAM Group nv

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Result appropriation<br />

The cash dividends paid to holders of ordinary shares in <strong>2009</strong> and 2008 were €67.6 million (€0.50 per share) and €121.7<br />

million (€0.90 per share), respectively.<br />

The cash dividends paid to holders of co<strong>nv</strong>ertible cumulative financing preference shares in <strong>2009</strong> and 2008 were €0.13<br />

million (€0.37086 per share) and €0.13 million (€0.37086 per share), respectively. Besides cash dividends paid on<br />

co<strong>nv</strong>ertible financing preference shares in 2008, a limited amount of the dividend was distributed in ordinary shares. As a<br />

result, the number of ordinary shares increased by 146.<br />

The cash dividends paid to holders of non-co<strong>nv</strong>ertible cumulative financing preference shares in <strong>2009</strong> and 2008 were<br />

€0.03 million (€0.38346 per share) and €0.03 million (€0.38346 per share), respectively.<br />

9. Provisions<br />

Employee benefit obligations<br />

10. Non-current liabilities<br />

Subordinated loans<br />

Preference shares<br />

Financial lease liabilities<br />

The increase of the non-current liabilities consists of the refinancing of Terra Amstel and AM.<br />

<strong>2009</strong><br />

8,249<br />

8,249<br />

<strong>2009</strong><br />

200,000<br />

1,407<br />

360,000<br />

561,407<br />

2008<br />

8,001<br />

8,001<br />

2008<br />

200,000<br />

1,423<br />

-<br />

201,423<br />

For more information on non-current liabilities, please refer to the Note 19 of the consolidated financial statements.<br />

11. Current liabilities<br />

Bank overdrafts<br />

Preference shares<br />

Financial lease liabilities<br />

Amounts due to subsidiaries<br />

Taxation and social security contributions<br />

Other liabilities<br />

<strong>2009</strong><br />

19,872<br />

314<br />

10,274<br />

1,161,751<br />

648<br />

34,960<br />

1,227,819<br />

2008<br />

80,669<br />

350<br />

10,436<br />

1,023,374<br />

15,652<br />

33,252<br />

1,163,733<br />

177<br />

<strong>2009</strong>

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