BAKERTECHNOLOGYLIMITED
ANNUALREPORT2013
107
Notes to the
Financial Statements
for the financial year ended 31December 2013
10. Earningsper share
Basic earnings per share are calculatedby dividingprofit for the financial year, net of tax, attributable toowners of theCompany by
theweighted average number of ordinary shares outstandingduring the financial year.
Diluted earnings per share are calculated by dividing profit for the financial year, net of tax, attributable to owners of theCompany
by the weighted average number of ordinary shares outstanding during the financial year plus the weighted average number of
ordinary shares that would be issued on the conversionof all the dilutive potential ordinary shares intoordinary shares.
The following table reflects the profit and share data used in the computation of basic and diluted earnings per share for the years
ended 31December:
2013
2012
$
$
Profit for the financial year attributable toowners of theCompany used in the
computation of basic anddiluted earnings per ordinary share
22,372,831 81,591,158
Weighted average number of ordinary shares for basic earnings per share computation
832,125,414 707,031,802
Dilutive effect of warrants
101,621,195 280,040,952
Weighted average number of ordinary shares for diluted earnings per share computation
933,746,609 987,072,754
