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(1) Represents SYD Distribution to ordinary shareholders recognised as return of ordinary share capital and consolidation of ordinary shares on Sydney Airport stapled securities distribution. Refer note 5 - Dividends and distribution paid or provided for. 

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(1) Prior period comparatives have been restated for the effect of applying AASB 10. Refer to note 1(i) – Summary of significant accounting policies. 

(2) In December 2009, the Company introduced MEREP, which grants RSUs, DSUs and PSUs to eligible staff. Under MEREP the staff retained profit share which is held in shares of the Company by the MEREP Trust is presented as Treasury shares. For further information regarding terms and conditions of MEREP refer to note 33—Employee equity participation. 

