Note 22- Earnings per share

The calculations of basic and diluted earnings per share as at 31 December 2010 were based on the profit attributable to ordinary shareholders for the years ended 31 December 2010, 2009 and 2008 of $1,170,176, $1,093,992 and $1,836,824 respectively and a weighted average number of shares outstanding during the years ended 31 December 2010, 2009 and 2008 of 2,200,000,000 calculated as follows:

  2010 2009 2008
Numerator:      
Net profit for the period attributed to owners 1,170,176 1,093,992 1,836,824
       
Denominator:      
Weighted average number of shares 2,200,000,000 2,200,000,000 2,200,000,000
Basic and diluted earnings per share 0.53 0.50 0.83