82
AVI-TECH ELECTRONICS LIMITED
| ANNUAL REPORT 2015
NOTES TO
FINANCIAL STATEMENTS
30 June 2015
28 PROFIT (LOSS) FOR THE YEAR (CONT’D)
Group (Cont’d)
Continuing
operations
Discontinued
operations
Total
2015
2014
2015
2014
2015
2014
$’000 $’000 $’000 $’000 $’000 $’000
(Reversal of) Allowance for
doubtful debts
–
2
(273)
350
(273)
352
(Reversal of) Allowance for
inventories obsolescence
–
462
(2,179)
2,298
(2,179)
2,760
Foreign currency exchange
(gain) loss – net
(548)
243
(704)
200
(1,252)
443
Government grants
–
(15)
–
–
–
(15)
Audit fees:
Auditors of the Company
118
118
–
–
118
118
Other auditors
27
47
–
40
27
87
Non-audit fees:
Auditors of the Company
25
33
–
–
25
33
Cost of inventories recognised
as expense
13,318
11,927
965
4,645
14,283
16,572
29 EARNINGS (LOSS) PER SHARE
From continuing and discontinued operations
The calculation of basic and diluted earnings (loss) per share attributable to owners of the Company is based
on the following data:
Group
2015
2014
$’000
$’000
Earnings (Loss)
Earnings (Loss) for the purposes of basic and diluted earnings (loss) per
share [profit (loss) for the year attributable to owners of the Company]
6,550
(9,932)
Number of shares
Weighted average number of ordinary shares
for the purposes of basic earnings (loss) per share (’000)
342,422
342,422
Weighted average number of ordinary shares
for the purposes of diluted earnings (loss) per share (’000)
343,092
342,422
In 2014, the options of the Company were considered anti-dilutive and ignored in the computation of diluted
loss per share.
Earnings (Loss) per share (cents)
– Basic
1.91
(2.90)
– Diluted
1.91
(2.90)
