Page 105 - TreasuryChinaTrust2011

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25 AMOUNT AVAILABLE FOR DISTRIBUTION (CONTINUED)
Note B:
Prior to the listing of the Trust, CREO sold its interest in Tangdao Bay development site and realised a profit of
approximately $22.6 million from the sale in December 2009. In addition, CREO sold its interest in units of RREEF China
Commercial Trust in the first quarter of 2010 and realised a profit of approximately $4.2 million from the disposal.
26 EARNINGS PER UNIT
(a) Basic earnings per unit
The calculation of basic earnings per unit for the Group was based on the profit for the year/period attributable
to unitholders and the weighted average number of units outstanding:
Group
2011 2010
$’000 $’000
Profit for the year/period attributable to Unitholders 136,061 39,610
2011 2010
Number
of units
Number
of units
Units in issue at beginning of the year/date of constitution 256,275,067 240,180,020
Effect of unit options exercised 271,233 –
Effect of units cancelled under the unit buy-back programme (1,809,830) –
Effect of new units issued during the year/period 69,142 746,677
Weighted average number of units outstanding during the year/period 254,805,612 240,926,697
(b) Diluted earnings per unit
In calculating diluted earnings per unit, the net profit attributable to unitholders of the Trust and weighted average
number of units in issue during the year/period are adjusted for the effects of dilutive potential units:
Group
2011 2010
$’000 $’000
Profit attributable to unitholders of the Trust 136,061 39,610
Interest expenses on convertible debt securities 8,574 –
Profit attributable to unitholders of the Trust (diluted) 144,635 39,610
SAR1112034_TCT_AR_().indb 103 3/23/2012