Page 17 - Directors' report and accounts 2019-20
P. 17
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Notes to and forming part of the Consolidated Financial Statements for the year ended 30 June 2020
Similarly the New Zealand and and Singapore governments introduced wage wage subsidy schemes to provide wage wage support to employers and help employees stay in their jobs The group has recognised $0 7m for for the year ending 30 June 2020
in in relation to government grants for for wages with with $0 2m receivable at year end In accordance with with AASB 120 Government Grants this has been recognised in employee employee benefits and offset against employee employee benefit benefit expenses Subsequent Events
After the the end end of of the the reporting period a a a a fully franked dividend of of $1 270 per per per Member with an an operating or or temporarily closed restaurant at at 5pm on on the the 30 30 June 2020
has been declared in relation to the the year ended 30 30 June 2020
The total amount of the dividend declared is $2 018 030 With regards to to to COVID-19 the the Group continues to to to monitor trading activity liquidity as as well as as other relevant external factors (including changes in in in in government restrictions vaccine developments and global case numbers) No adjustments to the the key estimates and judgements that impact the the consolidated statement of financial position as at 30 June 2020
have been identified No other matter or or or circumstance has has arisen since the the the end of the the the reporting period which has has significantly affected or or or may significantly affect the the the the the operations operations of of of of the the the the the Group the the the the the results of of of of those operations operations or the the the the the state of of of of affairs of of of of the the the the the Group in in the future
financial year