66 Notes to Condensed Consolidated Financial Information 30 June 2024 STRENGTH IN UNITY 9. (LOSS)/EARNINGS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE COMPANY (continued) The calculations of basic and diluted (loss)/earnings per share are based on: For the six months ended 30 June 2024 2023 (Unaudited) (Unaudited) US$’000 US$’000 (Loss)/Earnings: (Loss)/Profit attributable to owners of the Company (218,719) 288,965 Distributions to holders of perpetual capital securities issued by a subsidiary (13,506) (13,546) (Loss)/Profit used to determine basic (loss)/earnings per share (232,225) 275,419 For the six months ended 30 June 2024 2023 ’000 ’000 Number of shares: Weighted average number of ordinary shares in issue, used in the basic (loss)/earnings per share calculation 4,226,905 4,403,420 Effect of dilution — weighted average number of ordinary shares: Share options and Long Term Incentive Scheme issued by the Company — 27,253 4,226,905 4,430,673 The diluted (loss)/earnings per share amount is increased when taking convertible bonds into account as the convertible bonds that were fully redeemed or converted and cancelled had an anti-dilutive effect on the basic (loss)/earnings per share for the period ended 30 June 2023. Accordingly, these were ignored in the calculation of diluted (loss)/earnings per share. The diluted (loss)/earnings per share amounts is based on the loss attributable to ordinary equity holders of the Company (excluding distributions to holders of perpetual capital securities issued by a subsidiary) of US$232,225,000 (30 June 2023: profit of US$275,419,000), and the weighted average number of ordinary shares, after adjustment for the effect of Share options and Long Term Incentive Scheme issued by the Company, of 4,226,905,000 (30 June 2023: 4,430,673,000) in issue during the period. 10. INVESTMENTS IN JOINT VENTURES AND ASSOCIATES 30 June 2024 31 December 2023 (Unaudited) (Audited) US$’000 US$’000 Share of net assets from joint ventures 967,045 948,256 Share of net assets from associates 1,687,460 1,791,795 Goodwill on retaining interests in joint ventures and associates 124,830 130,582 2,779,335 2,870,633 Shareholder loan to joint ventures 529,206 510,922 3,308,541 3,381,555 Shareholder loan to joint ventures are unsecured and interest-free. It is part of the capital commitment to the joint ventures and is only repayable upon mutually agreed by all joint ventures partners. Accordingly, the shareholder loan is considered as part of the Group’s investments in the joint venture.
RkJQdWJsaXNoZXIy MTIwODcxMw==