DESTINI AR 2017

34. Taxation (Cont’d) Group Company 2017 2016 2017 2016 RM RM RM RM Unutilised tax losses 38,084,500 25,537,500 - - Unabsorbed capital allowances 14,026,700 12,524,400 - - 52,111,200 38,061,900 - - 35. Earnings Per Share Basic earnings per shares The basic earnings per share are calculated based on the consolidated profit for the financial year attributable to the owners of the parent and the weighted average number of ordinary shares in issue during the financial year as follows: Group 2017 2016 RM RM Profit attributable to ordinary shareholders 30,009,255 33,031,210 Weighted average number of ordinary shares in issue: Issued ordinary shares at 1 January 1,155,230,199 916,671,818 Effect of ordinary shares issued during the financial year - 92,393,953 Weighted average number of ordinary shares at 31 December 1,155,230,199 1,009,065,771 Basic earnings per ordinary shares (in sen) 2.60 3.27 Diluted earnings per share The Group and the Company have no dilution in their earnings per ordinary share as there are no dilutive potential ordinary shares. There have been no other transactions involving ordinary shares or potential ordinary shares since the end of the financial year and before the authorisation of these financial statements. 155 DESTINI BERHAD Annual Report 2017