2019 UEM Edgenta Annual Report

192 193 UEM EDGENTA AT A GLANCE MESSAGE FROM OUR LEADERSHIP STRATEGIC FOCUS OPERATIONAL REVIEW SUSTAINABILITY EFFORTS CORPORATE GOVERNANCE INTRODUCTION FINANCIAL REVIEW ADDITIONAL INFORMATION Notes to the Financial Statements For the year ended 31 December 2019 Notes to the Financial Statements For the year ended 31 December 2019 UEM Edgenta Berhad Annual Report 2019 11. EARNINGS PER SHARE Basic earnings per share amounts are calculated by dividing profit for the year attributable to owners of the parent by the weighted average number of ordinary shares in issue during the financial year held by the Company. Group 2019 RM’000 2018 RM’000 Profit attributable to owners of the parent 181,782 148,430 Number of shares ‘000 Number of shares ‘000 Weighted average number of ordinary shares in issue 831,624 831,624 Group 2019 Sen 2018 Sen Basic earnings per share 21.9 17.8 There are no potential ordinary shares outstanding as at 31 December 2019. As such, the diluted earnings per share of the Group is equivalent to the basic earnings per share. There have been no other transactions involving ordinary shares or potential ordinary shares between the reporting date and the date of authorisation of these financial statements. 12. DIVIDENDS Group and Company Amount Net Dividends per Ordinary Share 2019 RM’000 2018 RM’000 2019 Sen 2018 Sen Recognised during the financial year: Single tier special dividend for 2017: 18.00 sen on 831,624,030 ordinary shares declared on 20 February 2018 and paid on 18 April 2018 - 149,692 - 18.00 Single tier second interim dividend for 2017: 5.00 sen on 831,624,030 ordinary shares declared on 20 February 2018 and paid on 17 May 2018 - 41,582 - 5.00 Single tier interim dividend for 2018: 6.00 sen on 831,624,030 ordinary shares declared on 29 August 2018 and paid on 31 October 2018 - 49,897 - 6.00 Single tier second interim dividend for 2018: 8.00 sen on 831,624,030 ordinary shares declared on 25 February 2019 and paid on 9 May 2019 66,530 - 8.00 - Single tier interim dividend for 2019: 6.00 sen on 831,624,030 ordinary shares declared on 27 August 2019 and paid on 31 October 2019 49,897 - 6.00 - 116,427 241,171 14.00 29.00 On 26 February 2020, the Board of Directors has declared a single tier second interim dividend of 8.00 sen per ordinary share, on 831,624,030 ordinary shares, amounting to RM66,529,922, to be paid on 14 May 2020. The entitlement date is 23 April 2020. The financial statements for the current financial year do not reflect this dividend. The dividend will be accounted for in equity as an appropriation of retained earnings in the financial year ending 31 December 2020. The directors do not recommend the payment of any final dividend in respect of the current financial year.