2024 Corporate Report

Financial statements

Section B: Notes to the Group financial statements for the year ended 30 June 2024

Section B: Notes to the Group financial statements for the year ended 30 June 2024

B9

Dividends/distributions and free cash (continued)

Distribution provision (continued) Movements in distribution provision Movements in the distribution provision during the financial year are set out below:

Distributions to non-controlling interest—other

Distribution to security holders

Total

$M

$M

$M

Balance at 1 July 2023

970

34

1,004 2,028 (1,863)

Additional provision recognised

1,916

112

Amounts paid

(1,743)

(120)

Amounts reinvested

(154)

—

(154)

Balance at 30 June 2024

989

26

1,015

Balance at 1 July 2022

798

39 99

837

Additional provision recognised

1,785

1,884

Amounts paid

(1,489)

(104)

(1,593)

Amounts reinvested

(124)

—

(124)

Balance at 30 June 2023

970

34

1,004

140

139

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