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Dividends and other reserves
6 Months Ended
Dec. 31, 2025
Share Capital, Reserves And Other Equity Interest [Abstract]  
Dividends and other reserves Dividends and other reserves
Six months ended
31 December 2025
Six months ended
31 December 2024
Amounts recognised as distributions to equity shareholders
$ million
$ million
Final dividend for the year ended 30 June 2025 of 62.98 cents per share
(2024 - 62.98 cents)
1,401
1,399
An interim dividend of 20 cents per share (202440.50 cents) was approved by the Board of Directors on 24 February 2026.
As the approval was after the balance sheet date, it was not included as a liability.
Other reserves surplus of $318 million at 31 December 2025 (2024$464 million deficit) include a capital redemption reserve
of $4,082 million (2024$4,082 million), a hedging reserve surplus of $185 million (2024 $121 million) and an exchange
reserve deficit of $3,949 million (2024$4,667 million). Out of the total hedging reserve, a surplus of $2 million (2024
$9 million) represents the cost of hedging arising from cross currency interest rate swaps in net investment hedges.