mwanahisa wrote:Sorry g267, I forgot to mention that I was referring to the soft copy of the IM (downloaded from the KPLC website). P68 (of 79) on this version is titled APPENDIX II - PROFORMA FINANCIAL STATEMENTS FOR THE YEAR ENDING 30 JUNE 2011, with the first item being the statement of Comprehensive Income.
@mwanahisa this is simply complying with accounting principles... Its impossible to forecast a higher dividends than that paid out the previous one paid out.... This is because of the uncertainties that may affect the cash flows and the income statement during the year...
But they are still expected to pay 1 bob div...
And why start the thread if you know they project a 6.1 billion P.B.T next year???
Mark 12:29
Deuteronomy 4:16