cover rationale - ChartNexus
cover rationale - ChartNexus
cover rationale - ChartNexus
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
NOTES TO THE FINANCIAL STATEMENTS 31 AUGUST 2002 (CONTINUED)<br />
110<br />
8 TAXATION (CONTINUED)<br />
Tax losses<br />
MALAYSIAN RESOURCES CORPORATION BERHAD<br />
Group Company<br />
2002 2001 2002 2001<br />
RM'000 RM'000 RM'000 RM'000<br />
Tax savings as a result of the<br />
utilisation of current year tax losses<br />
for which credit is recognised<br />
during the financial year 5,300 1,667 256 370<br />
Tax savings from the utilisation of<br />
tax losses brought forward from<br />
previous years for which the related<br />
credit is recognised during the<br />
financial year 94,941 3,746 - -<br />
Tax losses for which the related<br />
tax credit has not been recognised<br />
in the financial statements 298,165 262,301 78,717 63,178<br />
9 EARNINGS/(LOSS) PER SHARE<br />
(a) Basic earnings/(loss) per share<br />
Basic earnings/(loss) per share of the Group is calculated by dividing the net profit/(loss)<br />
attributable to shareholders by the weighted average number of ordinary shares in issue<br />
during the financial year.<br />
Group<br />
2002 2001<br />
Net profit/(loss) attributable to shareholders (RM’000) 172,677 (656,755)<br />
Weighted average number of ordinary shares in issue (‘000) 976,550 975,650<br />
Basic earnings/(loss) per share (sen) 17.7 (67.3)<br />
(b) Diluted earnings/(loss) per share<br />
Diluted earnings/(loss) per share is not presented in the financial statements as it is not<br />
applicable to the Group since there were no dilutive potential ordinary shares following<br />
the expiry of the Company’s ESOS scheme on 3 April 2001 (Note 32).
Change language