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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2015

Annual Report 2015 143

Notes to the consolidated financial statements

30 June 2015

26 Borrowings (continued)

(d) Financing arrangements

The Group had access to the following financing arrangements at the reporting date:

2015

$'000

2014

$'000

Total facilities

Corporate debt facility

20,000

130,000

Asset finance facility

1

20,000

20,420

Contingent instrument facility

20,000

20,000

60,000

170,420

Facilities used as at reporting date

Corporate debt facility

-

25,000

Asset finance facility

510

3,826

Contingent instrument facility

1,315

15,950

1,825

44,776

Facilities unused as at reporting date

Corporate debt facility

20,000

105,000

Asset finance facility

19,490

16,594

Contingent instrument facility

18,685

4,050

58,175

125,644

1. This facility provides financial backing in relation to non-performance of third party guarantee requirements.

27 Equity

(a) Contributed equity

2015

$'000

2014

$'000

Fully paid issued capital

737,324

735,060

(i)

Movements in ordinary share capital

Details

2015

Number of shares

2015

$'000

2014

Number of shares

2014

$'000

Balance at beginning of financial year

233,323,905

735,060

232,882,535

734,007

Issue of share under the Employee

Performance Rights Plan

932,668

2,264

441,370

1,053

Balance at end of financial year

234,256,573

737,324

233,323,905

735,060

(ii)

Ordinary shares

Ordinary shares entitle the holder to participate in dividends and the proceeds on winding up of the Company in

proportion to the number of and amounts paid on the shares held. Every holder of ordinary shares present at a meeting

in person or by proxy, is entitled to one vote, and upon a poll each share is entitled to one vote.

Independence Group NL

79