13. (LOSS)/EARNINGS PER SHARE Basic Basic (loss)/earnings per share is calculated by dividing net (loss)/profit for the financial year, attributable to owners of the parent, by the weighted average number of ordinary shares outstanding during the financial year. Group 2021 2020 RM’000 RM’000 Net (loss)/profit attributable to owners of the parent (52,171) 91,307 Number of shares (’000) 2021 2020 Weighted average number of ordinary shares for basic earnings per share computation 1,449,993 1,433,880 Basic (loss)/earnings per share (sen) (3.60) 6.37 Diluted Diluted (loss)/earnings per share is calculated by dividing the net (loss)/profit for the financial year, attributable to owners of the parent, by the weighted average number of ordinary shares and ICPS outstanding during the financial year adjusted for the dilutive effects of all potential ordinary shares. Group 2021 2020 RM’000 RM’000 Net (loss)/profit attributable to owners of the parent (52,171) 91,307 Number of shares (’000) 2021 2020 Weighted average number of ordinary shares for basic earnings per share computation 1,449,993 1,433,880 Effect of conversion of ICPS to ordinary shares 982,386 982,386 Weighted average number of ordinary shares for diluted earnings per share computation 2,432,379 2,416,266 Diluted (loss)/earnings per share (sen) (2.14) 3.78 There were no other transactions involving ordinary shares or potential ordinary shares since the reporting date and the date of authorisation of these financial statements. 14. DIVIDEND Dividend in Dividend respect of recognised in financial year financial year 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 Group and Company First interim dividend for 2020: First interim single-tier share dividend paid by way of distribution of treasury shares on the basis of 4.5 treasury shares for every 100 existing ordinary shares held in the Company – 53,829 – 53,829 No dividend was paid or declared by the Group and the Company since the end of the previous financial year. The directors do not recommend the payment of any dividend in respect of the financial year ended 31 December 2021. FINANCIAL STATEMENTS NOTES TO THE For the financial year ended 31 December 2021 Annual Report 2021 TROPICANA CORPORATION BERHAD FINANCIAL STATEMENTS AND OTHER INFORMATION 262 263
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