Annual Report 2021

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2021 102 The United Laboratories International Holdings Limited Annual Report 2021 16. EARNINGS PER SHARE The calculation of the basic and diluted earnings per share attributable to owners of the Company is based on the following data: Earnings 2021 2020 RMB’000 RMB’000 Earnings for the purposes of basic and diluted earnings per share being profit for the year attributable to owners of the Company 988,098 702,989 Number of shares 2021 2020 ‘000 ‘000 Weighted average number of ordinary shares for the purpose of basic and diluted earnings per share 1,840,043 1,765,968 No diluted earnings per share for the year ended 31 December 2021 was presented as there were no potential ordinary shares in issue for the year ended 31 December 2021. The computation of diluted earnings per share for the year ended 31 December 2020 does not assume the conversion of the Company’s convertible bonds outstanding during the year since their exercise would result in an increase in earnings per share.