81
FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT 2014
NOTES TO THE
FINANCIAL STATEMENTS
(cont’d)
9.
EARNINGS PER SHARE
Basic earnings per share is calculated by dividing profit/(loss) for the year attributable to owners of the
Company by the weighted average number of ordinary shares in issue during the financial year.
The Group
2014
2013
Profit/(Loss) for the year attributable to
owners of the Company (RM)
18,775,293
(2,320,798)
Number of shares in issue as of January 1
1,011,408,160 1,011,408,160
Effects of:
Treasury shares acquired
(2,493,970)
(1,840,055)
Weighted average number of ordinary shares for
basic earnings per share computation
1,008,914,190 1,009,568,105
Effects of dilution - warrants
–
–
Weighted average number of ordinary shares for
diluted earnings per share computation
1,008,914,190 1,009,568,105
Basic earnings/(loss) per ordinary share
attributable to equity holders of the
Company (sen)
1.86
(0.23)
The diluted earnings per share at the end of the reporting period was not presented as the average market
value of the ordinary shares of the Company is lower than the exercise price for the outstanding warrants
and any exercise of warrants would be antidilutive.
