Bahamas - FirstCaribbean International Bank
Bahamas - FirstCaribbean International Bank
Bahamas - FirstCaribbean International Bank
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FIRSTCARIBBEAN INTERNATIONAL BANK (BAHAMAS) LIMITEDNotes to Consolidated Financial StatementsOctober 31, 2002(expressed in thousands of Bahamian dollars)21 Future rental commitments under operating leasesAs at October 31, 2002 the <strong>Bank</strong> held leases on buildings for extended periods. The future rentalcommitments under these leases were as follows:October 31,2002$December 31,2001$Not later than 1 year 2,819 304Later than 1 year and less than 5 years 7,720 4,249Later than 5 years 2,043 1,62412,582 6,17722 Earnings per shareBasic earnings per share is calculated by dividing the net profit attributable to shareholders by theweighted average number of ordinary shares in issue during the period.For theperiod endedOctober 31,2002$Net profit attributable to shareholders 11,519Weighted average number of ordinary shares in issue 57,191Basic earnings per share (expressed in cents per share) 20.072