Annual Report - Ahli United Bank

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Annual Report - Ahli United Bank

Notes to theConsolidated Financial Statements (Contd.)23 EARNINGS PER SHARE (continued)The following reflects the income and share data used in basic and diluted earnings per share computations :2009 2008US$’000US$’000Net profit for basic earnings per share computationNet profit attributable to Bank's equity shareholders 200,718 255,723(Less): Class B preference share dividend (note 21(j)) (1,129) (3,493)Adjusted net profit attributable to Bank’s ordinary equity shareholders forbasic earnings per share 199,589 252,230Net profit for diluted earnings per share computationNet profit attributable to Bank’s equity shareholders before preference share dividend 200,718 255,723Add: Staff costs - fair value amortisation of share based transactions (note 21 (i)) 1,108 4,730Adjusted net profit attributable to Bank’s ordinary equity shareholders fordiluted earnings per share 201,826 260,453Number of shares(in millions)2009 2008Weighted average ordinary shares outstanding during the period adjusted for bonus shares 4,781 4,732Less :- Weighted average treasury shares purchased (2) -Net weighted average number of ordinary shares for basic earnings per share 4,779 4,732Add: Effect of dilution – Class B preference shares (note 20(f)) 40 96Weighted average number of ordinary shares for diluted earnings per share 4,819 4,82824 CASH AND CASH EQUIVALENTSCash and cash equivalents included in the consolidated statement of cash flows include the following balance sheet amounts:2009 2008US$ ’000 US$ ’000Cash and balances with central banks, excluding mandatory reserve deposits (note 9) 86,708 157,082Deposits with banks and other financial institutions -with an original maturity of three months or less2,092,768 2,289,8262,179,476 2,446,90880 AUB Annual Report 2009

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