Annual Report 2016
145
Financial Section
12 Earnings per Share
The calculation of basic and diluted earnings per share for the year is based on the following:
2016
2015
HK$m
HK$m
Profit attributable to shareholders of the Company
8,666.3
19,112.0
Adjustment on the effect of dilution in the results of subsidiaries
(3.9)
(1.7)
Profit for calculating diluted earnings per share
8,662.4
19,110.3
Number of shares
(million)
2016
2015
Weighted average number of shares for calculating basic earnings per share
9,146.3
8,790.3
Effect of dilutive potential ordinary shares upon the exercise of share options
0.1
2.0
Weighted average number of shares for calculating diluted earnings per share
9,146.4
8,792.3
Diluted earnings per share for the year ended 30 June 2016 and 30 June 2015 assumed the effect of exercise of share
options outstanding during the year since they would have a dilutive effect.
13 Dividends
2016
2015
HK$m
HK$m
Interim dividend of HK$0.13 (2015: HK$0.12) per share
1,204.7
1,067.2
Final dividend proposed of HK$0.31 (2015: HK$0.30) per share
2,911.8
2,699.1
4,116.5
3,766.3
Of which the following were settled by the issue of scrip:
Interim dividend
896.6
810.1
Final dividend
#
1,988.0
#
Full amount had been set aside from retained profits for the 2016 proposed final dividend on the basis that all shareholders would
elect to receive cash being the alternative to their entitlements to the scrip dividends.
At a meeting held on 21 September 2016, the Directors recommended a final dividend of HK$0.31 per share. This proposed
dividend was not reflected as a dividend payable in these financial statements, but will be reflected as an appropriation of
retained profits for the year ending 30 June 2017.