. 108
NOTESTOTHE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017
BAKER
TECHNOLOGY
L IMI TED
THE BE ST
I N US
9.
EARNINGSPERSHARE
Basic earnings per share are calculated by dividing profit for the financial year, net of tax, attributable
to owners of the Company by the weighted average number of ordinary shares outstanding during the
financial year.
Diluted earnings per share are calculated by dividing profit for the financial year, net of tax, attributable
to owners of the Company by the weighted average number of ordinary shares outstanding during the
financial year plus theweighted averagenumber of ordinary shares thatwouldbe issuedon theconversion
of all thedilutivepotential ordinary shares intoordinary shares.
The following table reflects theprofit and sharedataused in the computationof basic anddilutedearnings
per share for the years ended31December:
2017
2016
$’000
$’000
Loss for the financial year attributable toowners of the
Companyused in thecomputationof basic anddilutedearnings
per ordinary share
(10,690)
(8,327)
No. of shares
No. of shares
‘000
‘000
Weighted averagenumber of ordinary shares for basicearnings
per sharecomputation
202,878
202,878
