Ni Hsin Berhad Annual Report 2017

20. Other comprehensive income/(expense) Before tax Tax expense Net of tax Group RM’000 RM’000 RM’000 2017 Items that will not be reclassified subsequently to profit or loss Revaluation of property, plant and equipment - - - Items that are or may be reclassified subsequently to profit or loss Foreign currency translation differences for foreign operations 14 - 14 Available-for-sale financial assets - reclassified to profit or loss (122) - (122) 2016 Items that will not be reclassified subsequently to profit or loss Revaluation of property, plant and equipment 18,751 (1,602) 17,149 Items that are or may be reclassified subsequently to profit or loss Foreign currency translation differences for foreign operations 31 - 31 21. Earnings/(Loss) per ordinary share Group Basic earnings/(loss) per ordinary share The calculation of basic loss per ordinary share at 31 December 2017 was based on the profit (2016: loss) attributable to ordinary shareholders of RM2,085,000 (2016: RM4,914,000) and the number of weighted average ordinary shares outstanding during the year of 220,242,705 (2016: 218,670,841) after accounting for share buy-backs and effect of exercise of warrants. Diluted earnings/(loss) per ordinary share The calculation of diluted loss per ordinary share at 31 December 2017 was based on profit (2016: loss) attributable to ordinary shareholders of RM2,085,000 (2016: RM4,914,000) and the number of weighted average diluted ordinary shares outstanding during the year of 246,405,294 (2016: 254,827,487) after accounting for share buy-backs and adjustment for the effects of all dilutive potential ordinary shares of 26,162,589 (2016: 36,156,646) shares arising from the share warrants on issue. The effect of ESOS granted to the eligible Directors and employees of the Group that could potentially dilute basic earnings per share in future, but were not included in the calculation of diluted loss per share as above because they are anti-dilutive for the financial year ended 31 December 2017. The average market value of the Company’s shares for purpose of calculating the dilutive effect of share warrants was based on quoted market prices for the period during which the warrants were outstanding. 22. Dividends No dividends declared by the Company during the financial year. Notes to the financial statements (continued) Annual Report 2017 77