Notes to the Financial Statements Returns, Risk & Capital Management Note 10: Shareholder Returns (a) Dividends paid to CSL Limited shareholders Dividends paid to CSL Limited shareholders are paid from the retained earnings and profits of CSL Limited, as the parent entity of the Group (Note 22). During the year, the parent entity reported profits of $931m (2022: $507m). The parent entity’s retained earnings as at 30 June 2023 were $6,169m (2022: $6,323m). During the financial year $1,085mwas distributed to shareholders by way of a dividend, with a further $622m being determined as a dividend payable subsequent to the balance date. Dividend Paid to CSL Limited shareholders 2023 US$m 2022 US$m Final ordinary dividend of US$1.18 per share, 10% franked at 30% tax rate, paid on 5 October 2022 for FY22 (prior year: US$1.18 per share, unfranked, paid on 30 September 2021 for FY21) 569 538 Interim ordinary dividend of US$1.07 per share, unfranked, paid on 5 April 2023 for FY23 (prior year: US$1.04 per share, unfranked, paid on 6 April 2022 for FY22) 516 501 Total dividends paid to CSL Limited shareholders 1,085 1,039 Dividend determined, but not paid at year end to CSL Limited shareholders: Final ordinary dividend of US$1.29 per share, 10% franked at 30% tax rate, expected to be paid on 4 October 2023 for FY23, based on shares on issue at reporting date. The aggregate amount of the proposed dividend will depend on actual number of shares on issue at dividend record date (prior year: US$1.18 per share, 10% franked at 30% tax rate, paid on 5 October 2022 for FY22) 622 568 The distribution in respect of the 2023 financial year represents a US$2.36 dividend for FY23 on each ordinary share held. (b) Earnings per Share attributable to CSL Limited shareholders CSL’s basic and diluted EPS are calculated using the Group’s net profit attributable to CSL Limited shareholders for the year of $2,194m (2022: $2,255m). Diluted EPS differs from Basic EPS as the calculation takes into account potential ordinary shares arising from employee share plans operated by the Group. 2023 2022 Basic EPS US$4.55 US$4.81 Weighted average number of ordinary shares 482,173,148 468,754,857 Diluted EPS US$4.53 US$4.80 Adjusted weighted average number of ordinary shares, represented by: 483,886,450 470,117,188 Weighted average number of ordinary shares 482,173,148 468,754,857 Plus: Employee Share Plans (Note 6 and 18) 1,713,302 1,362,331 (c) Contributed Equity The following table illustrates the movement in the Group’s contributed equity. Refer to Note 12 for further details. 2023 2022 Number of shares US$m Number of shares US$m Opening balance 481,706,266 483 455,125,994 (4,505) Shares issued to employees (Note 6 and 18): Performance Rights Plan (for nil consideration) – – 8,350 – Retain and Grow Plan (for nil consideration) 384,054 – 294,020 – Executive Performance & Alignment Plan (for nil consideration) 68,052 – 148,615 – Global Employee Share Plan (GESP) 210,889 34 94,488 9 Shares issued through Institutional Placement – – 23,076,924 4,442 Shares issued through Share Purchase Plan – – 2,957,875 537 Closing balance 482,369,261 517 481,706,266 483 CSL Limited Annual Report 2022/23 138
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