HSBC 2007 Annual Report Download - page 388

HSBC HOLDINGS PLC
Notes on the Financial Statements (continued)
Notes 12, 13 and 14
386
12 Dividends
Dividends to shareholders of the parent company were as follows:
2007 2006 2005
Per
share
US$
Total
US$m
Settled
in scrip
US$m
Per
share
US$
Total
US$m
Settled
in scrip
US$m
Per
share
US$
Total
US$m
Settled
in scrip
US$m
Dividends declared on ordinary shares
In respect of previous year:
– fourth interim dividend ....................... 0.360 4,161 2,116 0.310 3,513 1,542 0.270 3,007 431
In respect of current year:
– first interim dividend ........................... 0.170 1,986 712 0.150 1,712 248 0.140 1,563 677
– second interim dividend ...................... 0.170 1,997 912 0.150 1,724 515 0.140 1,574 311
– third interim dividend .......................... 0.170 2,007 614 0.150 1,730 223 0.140 1,585 392
0.870 10,151 4,354 0.760 8,679 2,528 0.690 7,729 1,811
Quarterly dividends on preference
share capital
March dividend ........................................... 15.50 22 15.50 22 – –
June dividend............................................... 15.50 23 15.50 23 – –
September dividend ..................................... 15.50 22 15.50 22 – –
December dividend...................................... 15.50 23 15.50 23 14.29 21
62.00 90 62.00 90 14.29 21
The Directors declared after the end of the year a fourth interim dividend in respect of the financial year ended
31 December 2007 of US$0.39 per ordinary share, a distribution of US$4,628 million. The fourth interim dividend
will be payable on 7 May 2008 to shareholders on the Register at the close of business on 25 March 2008. No
liability is recorded in the financial statements in respect of the fourth interim dividend for 2007.
13 Earnings per share
Basic earnings per ordinary share was calculated by dividing the earnings of US$19,043 million (2006:
US$15,699 million; 2005: US$15,060 million) by the weighted average number of ordinary shares, excluding own
shares held, outstanding in 2007 of 11,545 million (2006: 11,210 million; 2005: 11,038 million).
2007 2006 2005
US$m US$m US$m
Profit attributable to shareholders of the parent company .............................. 19,133 15,789 15,081
Dividend payable on preference shares classified as equity ........................... (90) (90) (21)
Profit attributable to the ordinary shareholders of the parent company .......... 19,043 15,699 15,060
Diluted earnings per ordinary share was calculated by dividing the basic earnings, which require no adjustment for
the effects of dilutive potential ordinary shares (including share options outstanding not yet exercised), by the
weighted average number of ordinary shares outstanding, excluding own shares held, plus the weighted average
number of ordinary shares that would be issued on ordinary conversion of dilutive potential ordinary shares in 2007
of 11,661 million (2006: 11,320 million; 2005: 11,171 million). The effect of dilutive share options and share awards
on the weighted average number of ordinary shares in issue was as follows: