Annual Report 2012 - Dialog
Annual Report 2012 - Dialog
Annual Report 2012 - Dialog
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118 l <strong>Dialog</strong> Axiata PLC l <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong><br />
Notes to the Financial Statements<br />
29 Income tax contd.<br />
(f) Tax losses available for the Company carry forward to the year of assessment <strong>2012</strong>/13 amount to Rs. 783,872,655.<br />
35% of the statutory income of any year of assessment excluding income that does not form a part of the<br />
assessable income can be set off from the aforementioned brought forward losses. Any losses not utilised over the<br />
current period could be carried forward to future years.<br />
30 Earnings per share<br />
(a) Basic<br />
Basic earnings per share is calculated dividing the net profit attributable to shareholders by the weighted average number of<br />
ordinary shares in issue during the year, excluding ordinary shares held by the ESOS Trust (Note 17).<br />
Group Company<br />
<strong>2012</strong> 2011 <strong>2012</strong> 2011<br />
Total comprehensive income for the year 6,021,425 4,888,489 6,190,045 5,840,806<br />
Attributable to ordinary shareholders 6,021,425 4,888,489 6,190,045 5,840,806<br />
Weighted average number of ordinary shares in issue (thousands) 7,985,206 7,985,206 7,985,206 7,985,206<br />
Earnings per share (Rs.) 0.75 0.61 0.78 0.73<br />
(b) Diluted<br />
Diluted earnings per share is calculated by adjusting the weighted average number of ordinary shares outstanding to<br />
assume conversion of dilutive potential shares. The Company has share options (ESOS) which has potential for dilution.<br />
A calculation is done to determine the number of shares that could have been acquired at fair value (determined as the<br />
average annual market share price of the Company’s shares),based on the monetary value of the subscription rights<br />
attached to outstanding share options. The number of shares calculated as above is compared with the number of shares<br />
that would have been issued assuming the exercise of the share price.<br />
Group Company<br />
<strong>2012</strong> 2011 <strong>2012</strong> 2011<br />
Total comprehensive income for the year 6,021,425 4,888,489 6,190,045 5,840,806<br />
Attributable to ordinary shareholders 6,021,425 4,888,489 6,190,045 5,840,806<br />
Weighted average number of ordinary shares for diluted<br />
earnings per share (thousands) 7,985,206 7,985,206 7,985,206 7,985,206<br />
Diluted earnings per share (Rs.) 0.75 0.61 0.78 0.73