FGV Annual Report 2014

17 Earnings Per Share (continued) 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 2014 2013 Profit from continuing operations attributable to equity shareholders (RM’000) 354,731 1,011,004 Profit from discontinued operations attributable to equity shareholders (RM’000) (29,244) (28,753) Profit for the financial year attributable to equity shareholders (RM’000) 325,487 982,251 Weighted average number of ordinary shares in issue (thousands) 3,648,152 3,648,152 18 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 Executive Committee (“EXCO”). The EXCO considers the business by product related activities. The reportable segments for the financial year ended 31 December 2014 have been identified as follows: • Palm Upstream – 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”). • Palm Downstream – Refining of CPO, fractionation of refined bleached deodorised palm oil (“RBDPO”) and Palm Olein (“PO”), crushing of PK, processing and sales of biodiesel products, production of oleochemicals namely fatty acid and glycerine, crushing of soy and canola, production of graphene and nanotubes and production of consumer bulk and packed products. • Sugar – Sugar refining and sales and marketing of refined sugar and molasses. • Others – Trading, bulking and transportation facilities and services, engineering services, information technology, security, travel, rubber processing, research and development activities, fertilisers processing and production and sale of planting materials The reportable segments have changed from the previous financial year due to the changes in the internal management reporting structure of the CODM. Comparatives have been restated to conform to the revised reportable segments. In previous financial year, reconciliation to the reportable segments mainly relates to the elimination of Felda Holdings Bhd., an associate of the Group up to 27 December 2013 which was included within the applicable reportable segments, and inclusion of investment holding companies within the Group, which did not form part of the reportable segments. The discontinuing operations mainly relates to cocoa business, which the Group had previously approved to exit. In previous financial year, the discontinuing operations related to the share of results of a joint venture, Bunge ETGO L.P. (Note 15). The EXCO assesses the performance of the operating segments based on profit before zakat and taxation. Felda Global Ventures Holdings Berhad pg 222 NOTES TO THE FINANCIAL STATEMENTS For The Financial Year Ended 31 December 2014