Notes to the consolidated financial statements

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Year to 31 March

 

2010

2009

Dividends paid on ordinary equity shares (£million):

 

 

– final paid relating to prior year

74

73

– interim paid relating to current year

31

31

Total dividend paid

105

104

Satisfied by:

 

 

– cash (£million)

103

104

– scrip dividend (£million) (note a)

2

Total

105

104

The total ordinary dividend is 22.9p (2009 – 22.9p) made up as follows:

 

 

– interim dividend paid

6.8p

6.8p

– final dividend proposed (note b)

16.1p

16.1p

Total

22.9p

22.9p

  1. (a)The interim dividend paid during the year ended 31 March 2010 was the first to be paid to shareholders with the option to receive dividends as a scrip issue. Further detail is disclosed in Note 24.
  2. (b)The final dividend proposed for the year, which has not been recognised as a liability, will be paid, subject to approval by shareholders at the Company’s Annual General Meeting, on 30 July 2010 to shareholders who are on the Register of Members on 25 June 2010.