Sun Art Retail Group Limited - TodayIR.com
Sun Art Retail Group Limited - TodayIR.com
Sun Art Retail Group Limited - TodayIR.com
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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS<br />
8 PROFIT ATTRIBUTABLE TO SHAREHOLDERS<br />
The consolidated profit attributable to equity shareholders of the Company includes a profit of<br />
RMB955 million for the year ended 31 December 2012 (2011: a profit of RMB707 million), which<br />
has been dealt with in the financial statements of the Company.<br />
Year ended 31 December<br />
2012 2011<br />
RMB million RMB million<br />
Amount of consolidated profit attributable to equity<br />
shareholders dealt with in the Company’s<br />
financial statements 955 707<br />
Dividends from subsidiaries attributable to the<br />
profit of the previous financial year, approved<br />
and paid during the year – 1,135<br />
Company’s profit for the year (note 22(a)) 955 1,842<br />
Details of dividends paid and payable to equity shareholders of the Company are set out in<br />
note 22(b).<br />
9 EARNINGS PER SHARE<br />
The calculation of basic earnings per share is based on the profit attributable to equity shareholders<br />
of the Company of RMB2,409 million (2011: RMB1,600 million) and the weighted average of<br />
9,539,704,700 ordinary shares (2011: 7,805,626,406, after adjusting for the share subdivision on<br />
27 June 2011, details of which are set out in note 22(c)(ii)) in issue during the year:<br />
Weighted average number of ordinary shares<br />
Year ended 31 December<br />
2012 2011<br />
Issued ordinary shares at 1 January 9,539,704,700 211,485,200<br />
Effect of shares issued on 13 May 2011 (note 22(c)(i)) – 66,920,951<br />
9,539,704,700 278,406,151<br />
Effect of share subdivision (note 22 (c)(ii)) – 6,960,153,775<br />
Effect of shares issued on initial public offering<br />
(note 22(c)(iii)) – 567,066,480<br />
Weighted average number of ordinary shares<br />
for the year 9,539,704,700 7,805,626,406<br />
There were no dilutive potential ordinary shares throughout the years and therefore diluted earnings<br />
per share is equivalent to basic earnings per share.<br />
84<br />
<strong>Sun</strong> <strong>Art</strong> <strong>Retail</strong> <strong>Group</strong> <strong>Limited</strong><br />
Annual Report 2012