Excel Force MSC Berhad Annual Report 2015

NOTES TO THE FINANCIAL STATEMENTS 31 December 2015 (cont’d) E X C E L F O R C E M S C B E R H A D • A N N U A L R E P O R T 2 0 1 5 92 27. EARNINGS PER ORDINARY SHARE (a) Basic earnings per ordinary share Basic earnings per ordinary share for the financial year is calculated by dividing the profit for the financial year attributable to equity holders of the parent by the weighted average number of ordinary shares outstanding during the financial year. Group 2015 2014 Profit attributable to equity holders of the parent (RM) 7,552,104 8,628,159 Weighted average number of ordinary shares in issue 206,768,100 206,768,100 Basic earnings per share (sen) 3.65 4.17 (b) Diluted earnings per ordinary share The diluted earnings per ordinary share is same as the basic earnings per share because the effect of the assumed conversion of warrants outstanding will be anti-dilutive and the Company has no other dilutive potential ordinary share in issue as at the end of the reporting period. 28. DIVIDENDS Group and Company 2015 2014 RM RM In respect of the financial year ended 31 December 2015: - First interim tax exempt dividend of 1.0 sen per ordinary share, paid on 31 March 2015 2,067,681 - - Second interim single-tier dividend of 1.0 sen per ordinary share, paid on 30 June 2015 2,067,681 - - Third interim single-tier dividend of 1.0 sen per ordinary share, paid on 23 December 2015 2,067,681 - In respect of the financial year ended 31 December 2014: - First interim tax exempt dividend of 1.5 sen per ordinary share, paid on 28 March 2014 - 3,101,521 - Second interim tax exempt dividend of 1.0 sen per ordinary share, paid on 22 December 2014 - 2,067,681 6,203,043 5,169,202 The Directors do not recommend the payment of any final dividend in respect of the current financial year. On 25 February 2016, the Directors declared a first interim single-tier dividend of 1.0 sen per ordinary share of RM0.10 each in respect of the financial year ending 31 December 2016.