ASX RELEASE 18 November 2013
The Manager
ASX Market Announcements
Australian Securities Exchange
4th Floor, 20 Bridge Street
Sydney NSW 2000
Electronic LodgementDear Sir or Madam
Company AnnouncementI attach the following announcement for release to the market:
• Distribution information for the quarter ending 31 December 2013
Yours sincerely
Mark Knapman Company Secretary APA Ethane LimitedASX RELEASE 18 November 2013
DISTRIBUTION INFORMATION FOR THE QUARTER ENDING 31 DECEMBER 2013
APA Ethane Limited announces an interim distribution for the quarter ending 31 December 2013. The components for this distribution are listed below.
Ex Date: 23 December 2013
Record Date: 31 December 2013
Payable Date: 15 January 2014
Components:
Ethane Pipeline Income Trust | |
- dividends, fully franked 1 | 2.54 |
Ethane Pipeline Income Financing Trust | |
- income distributions, unfranked | 0.75 |
Cash distributions | 3.29 |
Franking credits | 1.09 |
Gross distributions | 4.38 |
1 The dividend will be fully franked at the company tax rate of 30%.
There is no foreign conduit income to be declared in respect of this distribution.
Both Ethane Pipeline Income Trust and Ethane Pipeline Income Financing Trust, the two trusts that comprise the Fund, declare that they are managed investment trusts for the purposes of Subdivision 12-H of the Taxation Administration Act 1953 in respect of the income year ending 30
June 2014.
There is no change to the Fund's distribution policy of paying distributions from available net cash flows.
Amanda Keenan, Investor Relations
Tel: 02 9693 0075
Email: amanda.keenan@apa.com.au
Sam Pearce, Fund Manager
Tel: 02 9693 0043
Email: sam.pearce@apa.com.au
About the Ethane Pipeline Income FundThe Fund's core asset is the 1,375km Moomba to Sydney Ethane Pipeline that supplies ethane from the
Cooper Basin production facility at Moomba, South Australia to Qenos' Botany ethylene plant.
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