Lenovo 2013 Annual Report Download - page 151

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2012/13 Annual Report Lenovo Group Limited 149
12 Earnings per share (continued)
(b) Diluted
Diluted earnings per share is calculated by adjusting the weighted average number of ordinary shares outstanding
due to the effect of all dilutive potential ordinary shares. The Company has two categories of dilutive potential ordinary
shares, namely share options and long-term incentive awards.
2013 2012
Weighted average number of ordinary shares in issue
for calculation of basic earnings per share 10,310,238,235 10,133,177,289
Adjustments for share options and long-term incentive awards 152,898,247 208,243,718
Weighted average number of ordinary shares in issue
for calculation of diluted earnings per share 10,463,136,482 10,341,421,007
US$’000 US$’000
Profit attributable to equity holders of the Company
used to determine diluted earnings per share 635,148 472,992
Adjustments for the dilutive potential ordinary shares are as follows:
For the share options, a calculation is performed to determine the number of shares that could have been acquired
at fair value (determined as the average periodic 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
as above is compared with the number of shares that would have been issued assuming the exercise in full of the
share options.
For the long-term incentive awards, a calculation is performed to determine whether the long-term incentive
awards are dilutive, and the number of shares that are deemed to be issued.
13 Dividends
2013 2012
US$’000 US$’000
Interim dividend of HK4.5 cents (2012: HK3.8 cents)
per ordinary share, paid on December 3, 2012 59,930 50,473
Proposed final dividend – HK14.0 cents
(2012: HK10.0 cents) per ordinary share 187,744 132,741
247,674 183,214