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## Movements in provisions 

Movements in each class of provision during the current financial year, other than employee benefits, are set out below: 

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## NOTE 30. EQUITY - ISSUED CAPITAL 

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Movements in ordinary share capital 

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## Ordinary shares 

Ordinary shares entitle the holder to participate in dividends and the proceeds on the winding up of the Company in proportion to the number of and amounts paid on the shares held. The fully paid ordinary shares have no par value and the Company does not have a limited amount of authorised capital. 

On a show of hands every member present at a meeting in person or by proxy shall have one vote and upon a poll each share shall have one vote. 

## Share buy-back 

There is no current on-market share buy-back scheme. 

## Capital risk management 

The Consolidated Entity’s objectives when managing capital are to safeguard its ability to continue as a going concern, so that it can provide returns for shareholders and benefits for other stakeholders and to maintain an optimum capital structure to reduce the cost of capital. 

In order to maintain or adjust the capital structure, the Consolidated Entity may adjust the amount of dividends paid to shareholders, return capital to shareholders, issue new shares or sell assets to reduce debt. 

The Consolidated Entity may look to raise capital when an opportunity to invest in a business or company was seen as value adding relative to the current parent entity’s share price at the time of the investment. The Consolidated Entity is actively pursuing additional investments in the short term as it continues to integrate and grow its existing businesses in order to maximise synergies. 

The Consolidated Entity is subject to certain financing arrangements covenants and meeting these is given priority in all capital risk management decisions. There have been no events of default on the financing arrangements during the financial year. 

