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SEE HUP SENG LIMITED
Annual Report 2012
63
Notes to the Financial Statements
31 DECEMBER 2012
7 Earnings Per Share, Basic and Diluted
Basic and diluted earnings per share is calculated by dividing the profit attributable to ordinary shareholders of
the Company by the weighted average number of ordinary shares outstanding during the year. The following
reflects the earnings and share data used in the basic and diluted earnings per share computations for the year
ended 31 December:
Group
2012 2011
Net profit attributable to ordinary shareholders for basic and
diluted earnings per share (S$’000) 5,206 7,970
Number of shares
Weighted average number of ordinary shares used in the calculation
of basic earnings per share 427,197,229 411,041,600
Shares deemed to be issued for no consideration in respect of warrants – –
Weighted average number of ordinary shares used in the calculation
of diluted earnings per share 427,197,229 411,041,600
Earnings per share attributable to equity holders of the Company
(Cents per share)
Basic 1.22 cents 1.94 cents
Diluted 1.22 cents 1.94 cents
The diluted effect of the outstanding share warrants were not considered in prior year because the average share
price in prior year was below its exercise price of $0.23 cents per share. Therefore the effect of outstanding
share warrants was anti dilutive during the financial year ended 31 December 2011.