Creative 2012 Annual Report Download - page 39

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37
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
(b) Diluted earnings per share
For the purpose of calculating diluted earnings per share, loss attributable to equity holders of the Company and the weighted
average number of ordinary shares outstanding are adjusted for the effects of all dilutive potential ordinary shares. Other
than the dilutive effect of share options, there are no other nancial instruments that would impact the weighted average
number of ordinary shares outstanding used for computing diluted earnings per share.
For share options, the weighted average number of shares on issue has been adjusted as if all dilutive share options were
exercised. The number of shares that could have been issued upon the exercise of all dilutive share options less the number
of shares that could have been issued at fair value (determined as the Company’s average share price for the nancial year)
for the same total proceeds is added to the denominator as the number of shares issued for no consideration.
For the nancial years ended 30 June 2012 and 30 June 2011, diluted earnings per share is the same as basic earnings per
share. There were no dilutive shares in the nancial year ended 30 June 2012, and for the nancial year ended 30 June
2011, about 1,000 potentially dilutive shares were excluded from the computation of dilutive earnings per share as the Group
is in a net loss position, and the effect of including such shares would be anti-dilutive.
10. CASH AND CASH EQUIVALENTS
Group Company
2012 2011 2012 2011
US$’000 US$’000 US$’000 US$’000
Cash at bank and on hand 28,166 23,896 16,868 12,500
Short-term bank deposits 103,266 139,062 100,589 136,193
131,432 162,958 117,457 148,693
11. TRADE RECEIVABLES
Group Company
2012 2011 2012 2011
US$’000 US$’000 US$’000 US$’000
Trade receivables
- Associated companies 643 278 454 233
- Non-related pares 25,107 34,925 8,738 10,866
25,750 35,203 9,192 11,099
Less: Allowance for sales returns and
impairment of receivables (6,909) (7,695) (2,898) (3,040)
Trade receivables - net 18,841 27,508 6,294 8,059