Lenovo 2013 Annual Report Download - page 150
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NOTES TO THE FINANCIAL STATEMENTS
Lenovo Group Limited 2012/13 Annual Report
148
11 Emoluments of directors and highest paid individuals (continued)
(b) Five highest paid individuals
The five individuals whose emoluments were the highest in the Group for the year include one (2012: two) director
whose emoluments are reflected in the analysis presented above. The emoluments of the remaining four (2012: three)
individuals during the year are as follows:
2013 2012
US$’000 US$’000
Basic salaries, allowances, and benefits-in-kind 2,222 1,556
Discretionary bonuses 8,760 3,933
Employer’s contribution to pension schemes 469 435
Long-term incentive awards 4,083 3,077
Others 1,074 926
16,608 9,927
The emoluments fell within the following bands:
Number of individuals
2013 2012
Emolument bands
US$3,219,928 – US$3,284,325 –1
US$3,284,326 – US$3,348,724 –1
US$3,348,725 – US$3,413,122 –1
US$3,800,028 – US$3,864,435 1–
US$4,122,065 – US$4,186,471 1–
US$4,186,471 – US$4,250,878 1–
US$4,315,287 – US$4,379,693 1–
12 Earnings per share
(a) Basic
Basic earnings per share is calculated by dividing the profit attributable to equity holders of the Company by the
weighted average number of ordinary shares in issue during the year after adjusting shares held by the employee share
trusts and consideration shares in respect of business combination activities.
2013 2012
Weighted average number of ordinary shares in issue 10,386,943,985 10,211,315,987
Adjustment for shares held by employee share trust (76,705,750) (135,699,015)
Adjustment for consideration shares in respect of
business combination activities –57,560,317
Weighted average number of ordinary shares in issue
for calculation of basic earnings per share 10,310,238,235 10,133,177,289
US$’000 US$’000
Profit attributable to equity holders of the Company 635,148 472,992
Adjustments to the weighted average number of ordinary shares in issue are as follows:
– The shares of the Company held by the employee share trusts are for the purposes of awarding shares to eligible
employees under the long-term incentive program.
– 57,560,317 shares of the Company, representing the consideration shares in respect of the acquisition of Medion
AG (“Medion”) which serve as security for any potential damages were issued to the seller on February 15, 2013.