2012 Annual Report - ZTE

ANNUAL REPORT 20122. Major financial indicators of the Group for the past three years prepared in accordance with PRCASBEsItemFor the yearended 31December 2012For the yearended 31December 2011Year-on-yearchangeFor the yearended 31December2010Basic earnings per share(RMB/share) Note 1 (0.83) 0.61 (236.07%) 0.98Diluted earnings per share(RMB/share) Note 2 (0.83) 0.61 (236.07%) 0.96Basic earnings per share afterextraordinary items (RMB/share)Note 1(1.22) 0.31 (493.55%) 0.82Weighted average return on netassets (%) (12.43%) 8.74%Weighted average return on net assetsafter extraordinary items (%) (18.34%) 4.53%Decreased by21.17 percentagepoints 15.32%Decreased by22.87 percentagepoints 12.88%Net cash flow from operating activitiesper share (RMB/share) Note 3 0.45 (0.53) 184.91% 0.28ItemAs at 31December 2012As at 31December 2011Year-on-yearchangeAs at 31December2010Net asset per share attributable toshareholders of the listed company(RMB/share) Note 3 6.26 7.06 (11.33%) 6.87Gearing ratio (%) 78.93% 75.05%Increased by 3.88percentage points 70.34%Note 1:Basic earnings per share for the reporting period was calculated on the basis of the weighted average number of ordinary shares,namely the total share capital at the end of the period less 2,536,742 lapsed Subject Shares under the Phase I Share IncentiveScheme of the Company. Basic earnings per share for 2011 was calculated on the basis of the weighted average number of ordinaryshares, namely the total share capital at the end of the period less 9,125,893 restricted shares remaining in lock-up. Basic earningsper share for 2010 was calculated on the basis of the weighted average number of ordinary shares, namely the total share capital atthe end of the period less 62,407,186 restricted shares remaining in lock-up, and have been restated to reflect the implementationof the 2010 profit distribution and capitalisation of capital reserve plans of the Company;Note 2: As certain Subject Share quotas under the Share Incentive Scheme of the Company have given rise to 0, 6,874,194 and 61,864,408potentially dilutive ordinary shares for the reporting period, 2011 and 2010, respectively, therefore diluted earnings per share hasbeen calculated on the basis of basic earnings per share taking into account the said factors, and the diluted earnings per sharefor 2010 have been restated to reflect the implementation of the 2010 profit distribution and capitalisation of capital reserve plansof the Company;Note 3:Net cash flow from operating activities per share and net asset per share attributable to shareholders of the listed company for2012 were calculated on the basis of the total share capital at the end of the period less 2,536,742 lapsed Subject Shares underthe Phase I Share Incentive Scheme of the Company. The corresponding indicators for 2011 were calculated on the basis of thetotal share capital at the end of the period less 9,125,893 restricted shares remaining in lock-up. The corresponding indicators for2010 was calculated on the basis of the total share capital at the end of the period less 62,407,186 restricted shares remainingin lock-up and have been restated to reflect the implementation of the 2010 profit distribution and capitalisation of capital reserveplans of the Company.21