5. Dividends  Dividends paid or declared by the Company to members since the end of the previous financial year were:  All dividends paid or declared by the Company since the end of the previous financial year were fully franked  at 30%.  On 11 August Cardno completed a $49m capital raising via a 1:6 fully underwritten renounceable rights  issue. The number of ordinary shares issued under the rights issue was 15,089,139. The capital raised will  be used to reduce debt used for the June 2010 acquisition of ENTRIX and ERI and for working capital.  On 16 August 2010, the Directors of Cardno Limited declared a final dividend of 15.0 cents per share for the  2010 financial year. The fully franked dividend will be paid on 15 October 2010 to shareholders registered  on 17 September 2010 and will total $15,839,940. The dividend has not been provided for in the 30 June  2010 financial statements.  The consolidated entity will continue to manage its global business in physical and social infrastructure and  pursue its policy of growing the Company both organically and by acquisition during the next financial year.  Other than detailed elsewhere, there have been no significant changes in the state of affairs since 30 June  2009.  The Company has agreements with each of the Directors and Officers of the Company in office at the date of  this report indemnifying them against liabilities to any person other than the Company or a related body  corporate that may arise from their acting as Directors or Officers of the Company. The indemnity continues  to have effect when the Directors and Officers cease to hold office, other than where such liabilities arise out  of conduct involving a wilful breach of duty by the Officers, the improper use by the Directors or Officers of  their position or of information to gain advantage for themselves or someone else or to cause detriment to  the Company.  The Directors have not included details of the nature of the liabilities covered or the amount of the premium  paid in respect of the Directors’ and Officers’ liability, as such disclosures are prohibited under the terms of  the contract.  9. Indemnification and Insurance of Officers  8. Significant Changes in the State of Affairs  7. Likely Developments  6. Events Subsequent to the Reporting Date  Type  Cents per share  Total amount  $’000  Franked/  unfranked  Date of payment  Declared and paid during the year  - Final 2009 ordinary  14.0  11,801  Franked  13 October 2009  - Interim 2010 ordinary  14.0  12,154  Franked  26 March 2010  Declared after end of year  - Final 2010 ordinary  15.0  15,840  Franked  15 October 2010  Dealt with in the financial report as:  - Dividends paid or provided  23,955  - Noted as a subsequent event (Note 29)  15,840 39,795 Page 8 of 80  Cardno Limited and its Controlled Entities for the year ended 30 June 2010  Directors’ Report 