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NOTES TO THE FINANCIAL STATEMENTS

continued

for the year ended 30 June 2015

28. Dividends

GROUP

June 2015

R000

GROUP

June 2014

R000

COMPANY

June 2015

R000

COMPANY

June 2014

R000

Dividends (2014: debenture interest)

Total distributable income

Segmental report

1 319 619

1 319 619

Interim dividend in respect of the six months

ended December 2014

638 633

638 633

Final dividend in respect of the six months

ended 30 June 2015 – to be paid on

25 September 2015

680 986

680 986

Total dividend per share for the year (cents)

543,0

543,0

Interim dividend in respect of the six months

ended December 2014 (cents)

262,7

262,7

Final dividend in respect of the six months

ended 30 June 2015 (cents)

280,3

280,3

Effective from 18 August 2014 (the effective date), Hyprop converted its combined units (with a share linked to a debenture) to an

all-equity capital structure. Refer to note 14 and note 17.

Reconciliation of dividends in the statements of changes in equity to interim dividend

Dividend paid

SCE*

639 529

639 034

Dividend received from treasury shares

(401)

(401)

Dividends declared by African Land to non-

controlling interest

(495)

Interim dividend

638 633

638 633

* Statements of changes in equity

132

Hyprop Investments Limited

Integrated Report 2015

FINANCIAL STATEMENTS