Annual Report 2011 - Food Junction

82
Notes to the Financial Statements (cont’d)
31 December 2011
20. Earnings per share
Earnings per share (“EPS”) for the Group is based on the net profit attributable to the shareholders of
$828,428 (2010: $2,644,950) divided by the weighted average number of share capital of 126,682,330
(2010: 129,559,897) ordinary shares in issue during the year.
As there were no dilutive potential ordinary shares during the year, the basic and diluted earnings per
share are the same.
21. Dividends
Annual Report
Group and Company
2011 2010
$’000 $’000
Declared and paid during the year
Dividends on ordinary shares
Final dividend (one-tier tax exempt) of 0.25 cents (2010: 0.5 cents)
per share in respect of previous year 318 648
Interim dividend (one-tier tax exempt) of Nil (2010: 0.25 cents) per
share in respect of previous year – 324
318 972
The directors proposed that a final tax exempt dividend of 0.25 cents (2010: 0.25 cents) per
ordinary share amounting to approximately $306,719 (2010: $318,484) be paid for the year ended
31 December 2011.
22. Related party information
In addition to the related party information disclosed elsewhere in the financial statements, the Group
and the Company had significant transactions with related parties on terms agreed between the parties
as follows:
Group Company
2011 2010 2011 2010
$’000 $’000 $’000 $’000
Management fees charged to a subsidiary
company
Dividend income received from unquoted
– – 1,860 1,860
subsidiary companies – – 1,000 2,000
Purchases from a subsidiary company – – 23 21
Purchases from related parties 83 82 – –
Rental payment to related parties 980 263 – –