NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
11
OTHER COMPREHENSIVE INCOME
Components of other comprehensive income, including reclassification adjustments
2016
HK$'000
2015
HK$'000
649
(1,698)
Remeasurement of employee retirement benefits liabilities
Available-for-sale securities
Changes in fair value recognised during the year
2,467
(145,741)
Reclassification adjustments for amounts transferred to profit or loss:
- profit on disposal
(19,877)
(33,254)
- impairment losses
46,281
51,992
Net movement in the securities revaluation reserve during the year
recognised in other comprehensive income
28,871
(127,003)
Other comprehensive income
29,520
(128,701)
Tax effect of the above components of other comprehensive income is HK$Nil.
12
EARNINGS PER SHARE
The calculation of basic earnings per share is based on the profit attributable to ordinary equity shareholders of the Company of HK$236,678,000 (2015: HK$192,915,000) represented by the profit from continuing operations of HK$244,561,000 (2015: HK$202,422,000) and the loss from discontinued operation of HK$7,883,000 (2015: HK$9,507,000) and 356,273,883 (2015: 356,273,883) ordinary shares in issue during the year.
There were no dilutive potential ordinary shares in existence during the years 2016 and 2015, therefore diluted earnings per share are the same as basic earnings per share for both years.
Hong Kong Ferry (Holdings) Company Limited
Annual Report 2016 103
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