HAW PAR CORPORATION LIMITED
76
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)
For the financial year ended 31 December 2014
8.
EARNINGS PER SHARE
(CONTINUED)
Basic earnings per share is calculated by dividing the net profit attributable to equity holders of the Company by
the weighted average number of ordinary shares outstanding during the financial year.
The diluted earnings per share is adjusted for the effects of all dilutive potential ordinary shares. The Company has
one category of dilutive potential ordinary shares which is share options. A calculation is carried out to determine
the number of shares that could have been issued at fair value (determined as the average annual market share
price of the Company’s shares) based on the monetary value of the subscription rights attached to outstanding
share options. The number of shares calculated is compared with the number of shares that would have been issued
assuming the exercise of the share options. The difference is added to the denominator as an issuance of ordinary
shares for no consideration. No adjustment is made to net profit (numerator).
9.
PROPERTY, PLANT AND EQUIPMENT
Leasehold
land and
buildings
Plant
and
equipment
Total
$’000
$’000
$’000
The Group
Cost
At 1 January 2014
44,556
55,469
100,025
Additions
61
2,469
2,530
Disposals/write-offs
(70)
(617)
(687)
Currency translation differences
548
202
750
At 31 December 2014
45,095
57,523
102,618
Accumulated depreciation and impairment losses
At 1 January 2014
23,471
40,796
64,267
Charge for 2014
1,904
3,511
5,415
Disposals/write-offs
(50)
(522)
(572)
Currency translation differences
239
82
321
At 31 December 2014
25,564
43,867
69,431
Net book value
At 31 December 2014
19,531
13,656
33,187
