NOTES TO THE FINANCIAL STATEMENTS  for the year ended 30 June 2001 20 Dividend Franking Balances Balance at the beginning of the financial year 30,762,936 23,240,277  30,762,936 23,240,277  Franking credit arising from income tax paid or payable  in respect of the financial year 12,585,647 11,468,095  12,585,647 11,468,095 Franked dividends received 5,535 3,599  5,535 3,599  Franked dividends paid or proposed (8,783,188) (6,946,329) (8,783,188) (6,946,329) Adjustment to reflect the change in Company tax rate  (2001: to 30%; 2000: to 34%) 7,865,534  2,997,294  7, 865,534 2,997,294 Balance at the end of the financial year 42,436,464 30,762,936  42,436,464 30,762,936  21 Remuneration and Retirement Benefits: a) Directors’ Remuneration: Income paid or payable to all Directors of each entity  in the economic entity by entities of which they are  directors and any related parties 1,670,952 739,670  Income paid or payable to all Directors of the parent  entity by the parent entity and any related parties 1,670,952 739,670  Number of Parent entity Directors whose income from  the parent entity and any related parties was within  the following bands: Number Number $30,000 - $39,999 5 5  $190,000 - $199,999 - 1 $210,000 - $219,999 1 -  $380,000 - $389,999 - 1 $390,000 - $399,999 1 - $400,000 - $409,999 1 - $470,000 - $479,999 1 - The names of parent entity Directors who held office during  the financial year are: RL Kermode, E Barukh, IA Armstrong,  GF Bradd, ND Ford, P J Franet, PJ Hyer, DS McMichael and NK Wran. b) Executive Remuneration: Remuneration received or due and receivable by  executive officers of the economic entity from entities  in the economic entity, and any related entities for  management of the affairs of the economic entity,  whose remuneration is $100,000 or more 925,328 579,170  Remuneration received or due and receivable by  executive officers of the parent entity, from parent  entity and any related entities for management of  the affairs of the parent entity and its subsidiaries,  whose remuneration is $100,000 or more 925,328 579,170 Number of economic entity executives whose income was within the following bands: Number of executives Number of executives $190,000 - $199,999 - 1 - 1 $210,000 - $219,999  1 - 1 - $230,000 - $239,999 1 - 1 - $380,000 - $389,999  - 1 - 1 $470,000 - $479,999  1 - 1 - Economic Entity Parent Entity 2001 2000 2001 2000 $ $ $ $ CABCHARGE AUSTRALIA LIMITED  28 AND CONTROLLED ENTITIES ABN 99 001 958 390