SEO Version
11. Dividends
12. Earnings per share
(a) Basic earnings per share
Basic earnings per share of the Group is calculated by dividing the promt attributable to ordinary equity holders
of the Company for the mnancial year by the weighted average number of ordinary shares in issue during the
mnancial year.
(b) Diluted earnings per share
For the diluted earnings per share calculation, the weighted average number of ordinary shares in issue is
adjusted to assume conversion of all dilutive potential ordinary shares. The dilutive potential ordinary shares for
the Group are the warrants issued.
For the share warrants issued, a calculation is done to determine the number of shares that could have been
acquired at fair value (determined as the average share price of the Company’s shares) based on the monetary
value of the subscriptions rights attached to outstanding warrants. The number of shares calculated as above
is compared with the number of shares that would have been issued assuming the exercise of the warrants.
The difference is added to the denominator as an issue of ordinary shares for no consideration. This calculation
serves to determine the “bonus” element in the ordinary shares outstanding for the purpose of computing the
dilution. No adjustment is made to promt for the mnancial year for the warrants calculation.
Promt attributable to equity holders of the Company (RM’000)
143,670
118,894
Weighted average number of ordinary shares in issue (‘000)
546,128
526,706
Adjusted weighted average number of ordinary shares of RM0.50
each in issue and issuable (‘000)
69,503
58,832
Weighted average number of ordinary shares for diluted earnings per share (‘000)
615,631
585,538
Diluted earnings per share (sen)
23.34
20.31
Group
2011
RM’000
2010
RM’000
Promt attributable to ordinary equity holders of the Company (RM’000)
143,670
118,894
Weighted average number of ordinary shares of RM0.50 each (‘000)
546,128
526,706
Basic earnings per share (sen)
26.31
22.57
Group
2011
RM’000
2010
RM’000
Recognised during the financial year:
Interim dividends to ordinary equity holders of the Company:
- Interim gross dividends of 5.4 sen (2010: 10.0 sen) per share less 25% (2009: 25%) tax
22,923
41,124
- Interim single tier dividends of 7.0 sen per share
40,483
-
63,406
41,124
Company
2011
RM’000
2010
RM’000
NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2011 (continued)
ANNUAL REPORT
2011
152
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