4 Dividends

A dividend distribution to the Company’s shareholders is recognised as a liability in the period in which the dividends are authorised and are no longer at the discretion of the Company.

 

Dividend
2014
£m

Per share1
2014
p

Dividend
2013
£m

Per share1
2013
p

1.

The dividend per share calculation is based on the number of equity shares registered on the ex-dividend date.

2.

The dividend proposed is not included as a liability on the Consolidated Balance Sheet.

Ordinary share dividends paid in the year

 

 

 

 

– Prior year final dividend

408

6.90

337

5.69

– Current year interim dividend

172

2.90

142

2.40

 

580

9.80

479

8.09

Ordinary share dividend proposed2

496

8.35

408

6.90