2017E — Page 118

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

11

OTHER COMPREHENSIVE INCOME

Components of other comprehensive income, including reclassification adjustments

Remeasurement of employee retirement benefits liabilities

2017

HK$'000

2016

HK$'000

2,125

649

Available-for-sale securities

Changes in fair value recognised during the year

63,391

2,467

Reclassification adjustments for amounts transferred to profit or loss:

- profit on disposal

(62,826)

(19,877)

- impairment losses

46,281

Net movement in the securities revaluation reserve

during the year recognised in other comprehensive income

565

28,871

Other comprehensive income

2,690

29,520

Tax effect of the above components of other comprehensive income is HK$Nil.

EARNINGS PER SHARE

12

The calculation of basic earnings per share is based on the profit attributable to ordinary equity shareholders of the Company of HK$346,292,000 (2016: HK$236,678,000) represented by the profit from continuing operations of HK$346,292,000 (2016: HK$244,561,000) and the loss from discontinued operation of HK$Nil (2016: HK$7,883,000) and 356,273,883 (2016: 356,273,883) ordinary shares in issue during the year.

There were no dilutive potential ordinary shares in existence during the years 2017 and 2016, therefore diluted earnings per share are the same as basic earnings per share for both years.

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Hong Kong Ferry (Holdings) Company Limited Annual Report 2017