Page 49 - ar2012

TEHO INTERNATIONAL INC LTD Annual Report 2012 47
Notes to the
Financial Statements
30 June 2012
12. Income Tax (Continued)
12B. Deferred tax income recognised in proft or loss include:
Group
2012
$
2011
$
Excess of tax values over net book value of plant and
equipment – (59,393)
Total deferred tax income recognised in proft or loss – (59,393)
12C. Deferred tax balance in the statement of fnancial position:
Group
2012
$
2011
$
Deferred tax liabilities recognised in proft or loss:
Deferred tax liability arising from fair value adjustments in
relation to acquisition of subsidiary (Note 26) 415,450 –
Excess of net book value of plant and equipment over tax
values 97,849 97,849
Total 513,299 97,849
Presented in the statement of fnancial position as follows:
Deferred tax liabilities 513,299 97,849
513,299 97,849
It is impracticable to estimate the amount expected to be settled or used within one year.
13. Dividends
Rate per share - cents
2012
$
2011
$
2012
$
2011
$
Interim exempt (1-tier) dividend
paid 0.8 0.8 894,400 894,400
Total dividends paid in the year 0.8 0.8 894,400 894,400
In respect of the current year, the directors propose that a one-tier tax exempt final
dividend of 0.8 cents per share of a total of $925,528 to be paid to shareholders after
the annual general meeting. This dividend is subject to approval by shareholders at the
next annual general meeting and has not been included as a liability in these financial
statements. The proposed dividend for 2012 is payable in respect of all ordinary shares
in issue at the reporting date and including the new qualifying shares issued up to the
date the dividend becomes payable.
14. Earnings Per Share
The following table illustrates the numerators and denominators used to calculate basic
and diluted earnings per share of no par value:
Group
2012
$
2011
$
A. Numerators: earnings attributable to equity:
Continuing operations: attributable to equity holders 2,238,977 2,204,020
B. Denominators: weighted average number of
equity shares
Basic 112,448,509 111,800,000
C. Diluted 112,448,509 111,800,000
The weighted average number of equity shares refers to shares in circulation during the
period.