Mencast Holdings - Annual Report 2014 - page 75

73
NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2014
10.
Earnings per share
(continued)
(b)
Diluted earnings per share (continued)
Group
2014
2013
Net profit attributable to equity holders of the Company ($’000)
17,460
15,721
Weighted average number of ordinary shares outstanding for
basic earnings per share (’000)
345,320
330,029
Adjustment for
- Performance Share Award
58
345,378
330,029
Diluted earnings per share (cents per share)
5.06
4.76
For comparative purposes, the weighted average number of ordinary shares outstanding have been
adjusted for the effect of the bonus element of 39,319,513 shares in relation to the rights issue
completed on 16 July 2014 (Note 24).
11.
Cash and cash equivalents
Group
Company
2014
2013
2014
2013
$’000
$’000
$’000
$’000
Cash at bank and on hand
16,197
17,420
259
8,947
Short-term bank deposits
3,489
5,249
4,021
19,686
22,669
259
12,968
For the purpose of presenting the consolidated statement of cash flows, cash and cash equivalents
comprise the following:
Group
2014
2013
$’000
$’000
Cash and bank balances (as above)
19,686
22,669
Less : Short-term bank deposits pledged
(3,035)
(4,944)
Less : Bank overdrafts (Note 21)
(2,481)
(3,203)
Cash and cash equivalents per consolidated statement of cash flows
14,170
14,522
Certain short-term bank deposits are pledged to secure certain bank borrowings (Note 21).
Please refer to Note 31 for the effects of acquisitions of subsidiaries on the cash flows of the Group
in prior financial year.
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