AUB Group Limited Annual Report 2023

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2023

8

INVESTMENT IN ASSOCIATES (CONTINUED)

i) During the current period, the following transactions occurred:

Transaction date(s)

30 Jun 2023 %/$‘000

30 Jun 2022 %/$‘000

Entity

Increase in voting shares Various

Various

Various

Various

Total cash consideration paid for all interest acquired

7,207

Decrease in voting shares SRG Group Pty Ltd

01-Aug-22 01-May-23

– –

50.0% 50.0%

Western United Financial Services Pty Ltd

Various

Various

Various

Various

Total consideration received for all interest disposed

43,435

Less carrying value of shares being sold Less Capital Gains Tax on shares being sold

(6,104)

(10,948) 26,383

Net gain on disposal of interest

ii) During the previous period, the following transactions occurred: There were no individually significant transactions with associates in the prior year.

AUB GROUP ANNUAL REPORT 2023

97