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2 BRADKEN LIMITED ANNUAL REPORT 2013
Directors’ Report
30 June 2013
Bradken Limited
Directors' report
30 June 2013
Directors' report
A.
B.
C.
D.
E.
A. General information
Directors
Nick Greiner
Brian Hodges
Greg Laurie
Phil Arnall
Eileen Doyle
Peter Richards
Principal activities
Dividends - Bradken Limited
Dividends paid to members during the financial year were as follows:
2013
2012
$'000
$'000
36,255
33,988
33,848
32,492
70,103
66,480
Significant changes in the state of affairs
There are no significant changes in the state of affairs of the Group during the financial year.
Matters subsequent to the end of the financial year
In addition to the above dividends, since the end of the financial year the directors have declared the payment of a fully franked
final dividend of $30,463,000 (18.0 cents per fully paid ordinary share) to be paid on 13 September 2013 out of retained profits at
30 June 2013.
There has not arisen in the interval between the end of the financial year and the date of this report any item, transaction or event
of a material and unusual nature likely, in the opinion of the directors of the Company, to affect significantly the operations of the
Group, the results of those operations, or the state of affairs of the Group, in future financial years.
Remuneration report
Other information
Your directors present their report on the consolidated entity (referred to hereafter as the group) consisting of Bradken Limited
and the entities it controlled at the end of, or during, the year ended 30 June 2013.
This report has been divided into the following sections:
The following persons were directors of Bradken Limited during the whole of the financial year and up to the date of this report
unless otherwise noted:
During the year the principal activities of the Group consisted of:
manufacture and maintenance of freight rollingstock products
supply of cast, machined and fabricated components and highly engineered steel castings to the energy, industrial, oil & gas
and rail transport industries
supply of equipment and consumables to the mineral processing, quarrying and power markets
supply and service of wear components for mining and earthmoving equipment
There were no major changes in the nature of the activities of the Group during the period.
supply of foundry consumables to the foundry and steelmaking industries
Interim dividend for the year ended 30 June 2013 of 20.0 cents (2012: 19.5 cents) per
fully paid share paid 14 March 2013 (2012: 19 March 2012)
Final dividend for the year ended 30 June 2012 of 21.5 cents (2011: 21.0 cents) per fully
paid share paid on 4 September 2012 (2011: 19 September 2011)
Vince O'Rourke was a director from the beginning of the financial year until his retirement on 23 October 2012.
General information
Corporate governance statement
Operational and financial review
Page 2
Bradken Limited