Lenovo 2015 Annual Report Download - page 177

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175
2014/15 Annual Report Lenovo Group Limited
NOTES TO THE FINANCIAL STATEMENTS
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.
2015 2014
Weighted average number of ordinary shares in issue
for calculation of basic earnings per share 10,670,393,146 10,369,885,837
Adjustments for share options and long-term incentive awards 101,511,837 131,031,863
Weighted average number of ordinary shares in issue
for calculation of diluted earnings per share 10,771,904,983 10,500,917,700
US$’000 US$’000
Profit attributable to equity holders of the Company
used to determine diluted earnings per share 828,715 817,228
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.
There is no adjustment to profit attributable to equity holders of the Company used for the calculation of diluted earnings
per share.
13 DIVIDENDS
2015 2014
US$’000 US$’000
Interim dividend of HK6.0 cents (2014: HK6.0 cents)
per ordinary share, paid on December 1, 2014 85,978 80,426
Proposed final dividend – HK20.5 cents
(2014: HK18.0 cents) per ordinary share 293,668 241,449
379,646 321,875