Page 99 - Forterra

97
NOTES TO THE
FINANCIAL STATEMENTS
26 EARNINGS PER UNIT (CONTINUED)
(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 are adjusted for the effects
of dilutive potential units:
Group
2012 2011
$’000 $’000
Profit attributable to Unitholders of the Trust 42,417 136,061
Interest expenses on convertible debt securities# – 8,574
Profit attributable to Unitholders of the Trust (diluted) 42,417 144,635
Number of
units
Number of
units
Weighted average number of units used in calculation
of basic earnings per unit 253,619,717 254,805,612
Weighted average number of unissued units from:
Options under convertible debt securities # – 30,928,600
Options under Forterra Unit Option Scheme 2,587,500 2,780,951
Weighted average number of units (diluted) outstanding
during the year 256,207,217 288,515,163
# The potential units to be issued under the convertible debt securities are not dilutive for the year
ended 31 December 2012. Hence, these potential units have not been taken into consideration in
arriving at the diluted earnings per unit for the year ended 31 December 2012.