30 Finance income (In thousands of USD)
Year ended 31-Dec-11 Interest income from deposit with banks
167
-
(10)
251
157
Interest income offset against capitalized interest expenses Net interest income
31-Dec-10
251
Realized exchange gain
1,439
2,669
Unrealized exchange gain
4,071
1,768
Total
5,761
4,594
The realized currency gain or loss represents the effect of foreign currency payments made and the unrealized currency gain or loss represents the effect of revaluation of foreign currency financial assets other than those treated as cash flow hedging instruments.
31 Changes in fair value of financial instruments
The changes in fair value of financial instruments represent the profit or loss on revaluation of liabilities on warrants issued. Also refer to Note 14.2 Warrants. The fair value of the warrant liability at each balance sheet date and the profit or loss on revaluation for the periods reported are as per below; (In thousands of USD) Year ended 31-Dec-11 Warrant liability at fair value on the balance sheet dates Profit/(loss) on revaluation of the fair value of warrant liability
31-Dec-10 48
6,768
6,720
(3,561)
32 Earnings per Share 32.1 Basic
Basic earnings per share are calculated by dividing the profit attributable to equity holders of the Company by the weighted average number of ordinary shares issued during the period. (In USD) Loss attributable to equity holders of the Company Weighted average number of ordinary shares issued Basic earnings per share
32.2 Diluted (In USD) Loss attributable to equity holders of the Company Loss/(Gain) related to warrants issued Net loss attributable to potential equity holders of the Company Weighted average number of ordinary shares issued Share with dilutive effect for warrants issued Weighted average number of diluted ordinary shares Diluted earnings per share
Years ended 31-Dec-11 31-Dec-10 (31,499,208) (28,339,889) 421,038,645 284,657,233 (0.075) (0.100) Years ended 31-Dec-11 31-Dec-10 (31,499,208) (28,339,889) (6,719,558) 3,561,315 (38,218,766) (24,778,574) 421,038,645 284,657,233 20,799,641 20,795,341 441,838,286 305,452,573 (0.086) (0.081)
The share options that have been granted to selected employees as of the end of reporting period (refer to Note: 14.3) and the convertible bonds giving the bond holders a right to convert the bonds to equity shares (refer to Note: 18) have not been included in the calculation of diluted EPS as they have an anti-dilutive effect for the reporting period.
72