Annual Report 2019

140 Annual Report 2019 Miramar Hotel and Investment Company, Limited Notes to the Financial Statements 7 Dividends (a) Dividends attributable to the year 2019 2018 HK$’000 HK$’000 Interim dividend declared and paid of HK24 cents per share (2018: HK24 cents per share) 165,830 165,830 Final dividend proposed after the end of the reporting period of HK34 cents per share (2018: HK37 cents per share) 234,926 255,655 400,756 421,485 The final dividend proposed after the end of the reporting period has not been recognised as a liability at the end of the reporting period. (b) Dividends attributable to the previous financial year, approved and paid during the year 2019 2018 HK$’000 HK$’000 Final dividend in respect of the previous financial year, approved and paid during the year, of HK37 cents per share (2018: HK36 cents per share) 255,655 248,745 8 Earnings per share (a) Basic earnings per share For the year ended 31 December 2019, the calculation of basic earnings per share is based on the profit attributable to shareholders of the Company of HK$1,288,227,000 (2018: HK$1,624,151,000) and the weighted average of 690,959,695 shares (2018: 687,811,189 shares) in issue during the year, calculated as follows: Weighted average number of shares (basic) 2019 2018 Issued ordinary shares at 1 January 690,959,695 628,577,818 Effect of exercised bonus warrants (note 23(b)(ii)) – 59,233,371 Weighted average number of shares (basic) at 31 December 690,959,695 687,811,189