CAHYA MATA SARAWAK ANNUAL REPORT 2016

www.cmsb .com.my Cahya Mata Sarawak Berhad 196 Section 07 Financial StatementS NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2016 44. DIVIDENDS (CONT'D.) (b) Proposed but not recognised as a liability: The following dividend will be proposed for shareholders’ approval at the forthcoming Annual General Meeting. The financial statements for the current financial year do not reflect this proposed dividend. Such dividend, if approved by the shareholders, will be accounted for in equity as an appropriation of retained earnings in the financial year ending 31 December 2017. Sen per share Total amount RM’000 First and final tax exempt 2016 ordinary (single-tier) 6.30 67,686 45. AUTHORISATION OF FINANCIAL STATEMENTS FOR ISSUE The financial statements for the year ended 31 December 2016 were authorised for issue by the Board in accordance with a resolution of the directors on 14 March 2017.