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DYNA-MAC HOLDINGS LTD.

2016 ANNUAL REPORT

96

NOTES TO THE

FINANCIAL STATEMENTS

For the financial year ended 31 December 2016

28.

LOSS/EARNINGS PER SHARE

Basic and diluted loss/earnings per share are calculated by dividing the net loss/profit attributable to equity

holders of the Company by the weighted average number of ordinary shares outstanding during the financial

year.

Group

2016

2015

$’000

$’000

Net loss attributable to equity holders of the Company

(15,522)

(3,453)

Weighted average number of ordinary shares outstanding

1,023,211

1,023,211

Basic/diluted loss per share (cents per share)

(1.52)

(0.34)

The Company has no potential ordinary shares.

29.

DIVIDENDS

Group

2016

2015

$’000

$’000

Ordinary dividends paid

Final dividend paid in respect of the previous financial year of nil cents

(2015: 1.5 cents) per share

15,348

30.

COMMITMENTS

(a) Capital commitments

Capital expenditures contracted for at balance sheet date but not recognised in the financial

statements are as follows:

Group

2016

2015

$’000

$’000

Property, plant and equipment

187

1,151

(b) Operating lease commitments – where Group is a lessee

The Group leases office equipment and yard facilities from non-related parties under non-cancellable

operating agreements. The leases have varying terms, escalation clauses and renewal rights.