NOTES TO
FINANCIAL STATEMENTS
December 31, 2015
34
DIVIDENDS (CONT’D)
Group and Company
2015
2014
US$’000
US$’000
Proposed and not recognised as a liability as at the
end of the reporting period:
Dividends on ordinary shares subject to shareholders’
approval at the Annual General Meeting:
Final one-tier tax exempt dividend for financial year ended
December 31, 2015 of 0.27 Singapore cents per share,
total dividend payable amounting to SGD 1,453,000
(Final one-tier tax exempt dividend for financial year ended
December 31, 2014 of 0.8750 Singapore cents per share,
total dividend payable amounting to SGD 4,708,000)
1,030
3,567
Special tax exempt dividend for financial year ended
December 31, 2015 of 0.45 Singapore cents per share,
total dividend payable amounting to SGD 2,421,000
(Special tax exempt dividend for financial year ended
December 31, 2014 of 0.8750 Singapore cents per share,
total dividend payable amounting to SGD 4,708,000)
1,717
3,567
35
HOLDING COMPANY AND RELATED COMPANY TRANSACTIONS
The Company is a subsidiary of PT Samudera Indonesia Tbk, incorporated in Indonesia, which is a public limited
company listed on the Jakarta Stock Exchange. The ultimate holding company is PT Samudera Indonesia
Tangguh, also incorporated in Indonesia. Related companies in these financial statements refer to members of
the ultimate holding company’s group of companies.
Some of the Company’s transactions and arrangements are between members of the Group and the effect of
these on the basis determined between the parties is reflected in these financial statements. The balances are
unsecured, interest-free and expected to be settled within 12 months from the end of the reporting period
unless otherwise stated.
132
FOCUSED & RESILIENT
SAMUDERA SHIPPING LINE LTD
ANNUAL REPORT 2015
