Page 106 - TreasuryChinaTrust2011

104
Notes to the Financial Statements
26 EARNINGS PER UNIT (CONTINUED)
(b) Diluted earnings per unit (Continued)
Group
2011 2010
Number
of units
Number
of units
Weighted average number of units used in calculation of
basic earnings per unit 254,805,612 240,926,697
Weighted average number of unissued units from:
Options under convertible debt securities 30,928,600 –
Options under TCT Substitution Option Scheme 2,780,951 2,982,705
Weighted average number of units (diluted) outstanding
during the year/period 288,515,163 243,909,402
27 NET ASSET VALUE PER UNIT
(a) Basic net asset value per unit
The calculation of basic net asset value per unit for the Group was based on the net asset value attributable to
unitholders and the number of units in issue outstanding at year/period end.
(b) Diluted net asset value per unit
In calculating diluted net asset value per unit, the net assets attributable to unitholders of the Trust and the
number of units in issue at year/period end are adjusted for the effects of dilutive potential units:
Group
2011 2010
$’000 $’000
Net assets attributable to unitholders of the Trust 1,170,488 957,422
Proceeds from potential units issued for unit options 1,208 1,339
Conversion of convertible debts 68,041 –
Net assets attributable to unitholders of the Trust (diluted) 1,239,737 958,761
Group
2011 2010
Number
of units
Number
of units
Number of units in issue at year/period end 253,619,717 256,275,067
Number of potential units issued for unit options 3,450,000 3,825,000
Number of potential units issued for convertible debts 30,880,820 –
Number of units in issued and potential units (diluted) at year/period end 287,950,537 260,100,067
SAR1112034_TCT_AR_().indb 104 3/23/2012