Eng - IOI Group

notestothefinancialstatements cont’d10 EARNINGS PER SHARE cont’dDiluted earnings per share cont’dThe adjusted weighted average number of ordinary shares for the computation of diluted earnings per share isarrived at as follows:Group2003 2002Weighted average number of ordinary shares in issue ('000) 942,916 851,578Assumed exercise of Warrants 1995/2003 at beginning of financial year ('000) 48,221 48,764Assumed exercise of ESOS at beginning of financial year ('000) 3,239 8,066Weighted average number of ordinary shares for diluted earnings per share ('000) 994,376 908,408Diluted earnings per share (sen) 50.49 38.1411 DIVIDENDSIn RM’000Group and Company2003 2002First interim dividend declared and paid of 10.0 sen (2002 - 6.0 sen)per share less income tax 74,935 37,340Second interim dividend declared of 10.0 sen per share tax exempt (2002 - nil) 104,418 -Final dividend proposed of nil (2002 - 9.0 sen) per share less income tax - 57,167Additional final and interim dividends paid in respect of previous financial year 2,739 170182,092 94,677The second interim tax exempt dividend of 10.0 sen per share which was declared by the Board of Directorssubsequent to the financial year end has not been accrued as a liability at 30 June 2003.IOI Corporation BerhadAnnual Report 2003154