Annual Report 2015
FINANCIAL SECTION
149
12 EARNINGS PER SHARE
The calculation of basic and diluted earnings per share for the year is based on the following:
2015
2014
HK$m
HK$m
Profit attributable to shareholders of the Company
19,112.0
9,725.4
Effect of dilutive potential ordinary shares in respect of convertible bonds
issued by a subsidiary:
Interest expense
–
342.5
Adjustment on the effect of dilution in the results of subsidiaries
(1.7)
(2.5)
Profit for calculating diluted earnings per share
19,110.3
10,065.4
Number of shares
(million)
2015
2014
Weighted average number of shares for calculating basic earnings per share
8,790.3
7,102.5
Effect of dilutive potential ordinary shares upon the conversion
of convertible bonds
–
257.1
Effect of dilutive potential ordinary shares upon the exercise of share options
2.0
5.5
Weighted average number of shares for calculating diluted earnings per share
8,792.3
7,365.1
Diluted earnings per share for the year ended 30 June 2015 assumed the effect of exercise of share options
outstanding during the year since they would have a dilutive effect.
Diluted earnings per share for the year ended 30 June 2014 assumed the effects of conversion of convertible
bonds, which were redeemed by the Group on 4 June 2014, and exercise of share options outstanding during the
year since they would have a dilutive effect.
