156
ANNUAL REPORT 2016
NOTES TOTHE FINANCIAL STATEMENTS
30 JUNE 2016
(Continued)
30. TAX EXPENSE (continued)
Tax savings of the Group are as follows:
Group
2016
RM’000
2015
RM’000
Arising from utilisation of previously unrecognised tax losses
52
33
Tax on each component of other comprehensive income is as follows:
Group
Before tax
RM’000
Tax effect
RM’000
After tax
RM’000
Items that may be reclassified subsequently to profit or loss
2016
Fair value loss on available-for-sale financial assets
(25)
-
(25)
Foreign currency translations
4,660
-
4,660
4,635
-
4,635
2015
Foreign currency translations
3,814
-
3,814
31. EARNINGS PER SHARE
(a)
Basic
Basic earnings per ordinary share for the financial year is calculated by dividing the profit for the financial year attributable to ordinary
equity holders of the parent by the weighted average number of ordinary shares outstanding during the financial year.
Group
2016
2015
Profit attributable to equity holders of the parent (RM’000)
24,852
45,324
Average number of ordinary shares in issue at the beginning of financial year (’000)
806,287
201,571
Effects of:
- Issuance of ordinary shares pursuant to Bonus Issue completed on 23 July 2014 (’000)
-
201,572
- Issuance of ordinary shares pursuant to Share Split completed on 23 July 2014 (’000)
-
403,144
Weighted average number of ordinary shares applicable to basic earnings
per ordinary share (’000)
806,287
806,287
Basic earnings per ordinary share for profit for the financial year (sen)
3.08
5.62
(b)
Diluted
Diluted earnings per ordinary share equals basic earnings per ordinary share as there is no dilutive potential ordinary shares outstanding
during the financial year.
