notes to the financial statements - Food Empire Holdings Limited

Food Empire Holdings Limited Annual Report 2012
NOTES TO THE FINANCIAL STATEMENTS (cont’d)
For the year ended 31 December 2012
11. Earnings per share (cont’d)
(b)
Diluted earnings per share (cont’d)
The following table reflects the profit and share data used in the computation of dilutive earnings per share for the years
ended 31 December:
Group
2012
US$’000
2011
US$’000
Net profit for the year used in computing diluted earnings per share 20,486 14,962
No. of
shares
’000
No. of
shares
’000
Weighted average number of shares issued, used in the calculation of basic
earnings per share* 529,286 529,272
Effect of dilution:
Weighted average number of unissued ordinary shares under option 11,116 8,388
Number of shares that would have been issued at fair value (8,230) (7,010)
Weighted average number of ordinary shares adjusted for the effect of dilution
which is used for diluted earnings per share computation* 532,172 530,650
* The weighted average number of shares takes into account the weighted average effect of changes in treasury shares
transactions during the year.
There are 3,950,000 (2011: 4,050,000) share options granted to employees under the existing employee share options plans
that have not been included in the calculations of diluted earnings per share because they are anti-dilutive.
Since the end of the financial year, there have been no other transaction involving ordinary shares or potential ordinary shares
that would have changed significantly the ordinary shares or potentially ordinary shares outstanding at the end of the period
if those transactions had occurred before the end of the reporting period.
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