NOTES TO CONDENSED CONSOLIDATED FINANCIAL INFORMATION For the six months ended 30 June 2022 9. EARNINGS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE COMPANY Basic earnings per share is calculated by dividing the profit attributable to ordinary equity holders of the Company by the weighted average number of ordinary shares in issue during the period. The weighted average number of ordinary shares of 4,470,248,000 (30 June 2021: 3,059,967,000) in issue during the period. The calculation of the diluted earnings per share amounts is based on the profit for the period attributable to ordinary equity holders of the Company, adjusted to reflect the interest on the convertible bonds, where applicable. The weighted average number of ordinary shares used in the calculation is the number of ordinary shares in issue during the period, as used in the basic earnings per share calculation, and the weighted average number of ordinary shares assumed to have been issued at no consideration on the deemed exercise or conversion of all dilutive potential ordinary shares into ordinary shares. The calculations of basic and diluted earnings per share are based on: For the six months ended 30 June 2022 2021 (Unaudited) (Unaudited) US$’000 US$’000 Earnings: Profit attributable to ordinary equity holders of the Company, used in the basic earnings per share calculation 380,607 213,947 2022 2021 ’000 ’000 Number of shares: Weighted average number of ordinary shares in issue, used in the basic earnings per share calculation 4,470,248 3,059,967 Effect of dilution — weighted average number of ordinary shares: Share options 36,314 38,634 4,506,562 3,098,601 Because the diluted earnings per share amount is increased when taking convertible bonds into account, the convertible bonds had an anti-dilutive effect on the basic earnings per share for the period and were ignored in the calculation of diluted earnings per share. Therefore, the diluted earnings per share amounts are based on the profit for the period and the profit attributable to ordinary equity holders of the parent of US$380,607,000, and the weighted average number of ordinary shares of 4,506,562,000 in issue during the period. R E A C H I N G N E W H E I G H T S 60
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