FGV Annual Report 2012

52 Felda Global Ventures Holdings Berhad 16 EARNINGS PER SHARE Group 2012 2011 Basic EPS (sen) 28.5 75.1 Diluted EPS (sen) 28.5 47.9 The basic earnings per share (“EPS”) has been calculated based on the consolidated profit after taxation attributable to equity shareholders of the Company and divided by the weighted number of ordinary shares in issue. Group 2012 2011 Profit attributable to equity shareholders (RM’000) 805,953 1,327,764 Weighted average number of ordinary shares in issue (thousands) 2,829,538 1,767,612 The diluted EPS has been calculated based on the consolidated profit after taxation attributable to equity shareholders of the Company and divided by the weighted number of ordinary shares in issue, assuming conversion of the outstanding RCPS and RCCPS into ordinary shares of RM1 each. Group 2012 2011 Profit attributable to equity shareholders (RM’000) 805,953 1,327,764 Weighted average number of ordinary shares in issue (thousands) 2,829,538 1,767,612 Adjustment for: – Assumed conversion of RCPS/RCCPS (thousands) – 1,004,908 Weighted average number of ordinary shares for diluted earnings per share (thousands) 2,829,538 2,772,520 17 SEGMENT REPORTING Operating segments are reported in a manner consistent with the internal management reporting provided to the chief operating decision maker (“CODM”), which is the Management Committee (“MC”). The reportable segments have been revised from the financial year ended 31 December 2011 due to changes in the internal management reporting structure of the CODM arising from the Initial Public Offering (“IPO”). Comparatives have been restated to conform to the revised reportable segments. The revised reportable segments for the financial year ended 31 December 2012 have been identified as follows: • Plantation – Plantation estates activities including cultivation, harvesting and production of fresh fruit bunches (“FFB”), processing of FFB and selling of crude palm oil (“CPO”) and palm kernel (“PK”). • Downstream – Refining of CPO, fractionation of refined bleached deodorised palm oil (“RBDPO”) and Palm Olein (“PO”), crushing of PK, production of oleochemicals namely fatty acid and glycerine and production of consumer end products. • Sugar – Sugar refining and sales and marketing of refined sugar and molasses. • Manufacturing, Logistics & Others – Cocoa, rubber and fertilisers processing and production, bulking and transportation facilities and services, engineering, construction and property management, information technology, security, travel, research and development activities and sale of planting materials. Reconciliation to the reportable segments mainly relates to the elimination of Felda Holdings Bhd, an associate of the Group which is included within the reportable segments, and inclusion of investment holding companies within the Group, which do not forms part of the reportable segments. The MC assesses the performance of the operating segments based on profit before taxation. Notes to the Financial Statements for the financial year ended 31 December 2012