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Notes to the financial statementsNotes to the financial statements

Notes to the financial statements

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11. Dividends

Amounts recognised as distributions to equity holders in the year: Year ended
31 March
2009
£m		 Year ended
31 March
2008
£m
Final dividend for the year ended 31 March 2008 of 11.95p per ordinary share
(2007 – 9.3p)		 76 59
Interim dividend for the year ended 31 March 2009 of 4.7p per ordinary share
(2008 – 3.7p)		 30 24
Total dividend recognised in year 106 83

The directors have proposed a final dividend of 12.35p per share for the year ended 31 March 2009. This has not been recognised as a liability of the Group at the year end as it has not yet been approved by shareholders. Based on the number of shares in issue at the year end, the total amount payable would be £78m.

The right to receive dividends has been waived in respect of the Treasury Shares and shares held in employee share trusts.

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