ADVANCED SEMICONDUCTOR ENGINEERING INC | CIK:0001122411 | 3

  • Filed: 3/28/2018
  • Entity registrant name: ADVANCED SEMICONDUCTOR ENGINEERING INC (CIK: 0001122411)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1122411/000095010318003940/0000950103-18-003940-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1122411/000095010318003940/asx-20171231.xml
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  • ifrs-full:DisclosureOfEarningsPerShareExplanatory

    26. EARNINGS PER SHARE

     

    The earnings and weighted average number of ordinary shares outstanding in the computation of earnings per share were as follows:

     

    Net profit for the year

     

        For the Year Ended December 31
        2015  

    2016

    (Retrospectively Adjusted)

      2017
        NT$   NT$   NT$   US$ (Note 4)
                     
    Profit for the year attributable to owners of the Company   $ 19,732,148     $ 21,324,423     $ 22,819,119     $ 769,876  
    Effect of potentially dilutive ordinary shares:                                
    Employee share options issued by subsidiaries     -         (374,359 )     (813,627 )     (27,450 )
    Investments in associates     (210,126 )     (494,388 )     (367,687 )     (12,405 )
    Convertible bonds     901,187       (1,165,506 )     93,781       3,164  
                                     
    Earnings used in the computation of diluted earnings per share   $ 20,423,209     $ 19,290,170     $ 21,731,586     $ 733,185  

     

    Weighted average number of ordinary shares outstanding (in thousand shares):

     

        For the Year Ended December 31
        2015   2016   2017
                 
    Weighted average number of ordinary shares in computation of basic earnings per share     7,652,773       7,662,870       8,160,887  
    Effect of potentially dilutive ordinary shares:                        
    Convertible bonds     455,671       515,295       124,911  
    Employee share options     86,994       59,218       39,868  
    Employees’ compensation     54,626       46,746       43,574  
                             
    Weighted average number of ordinary shares in computation of diluted earnings per share     8,250,064       8,284,129       8,369,240  
                             

    For purposes of the ADS calculation, the denominator represents the above-mentioned weighted average outstanding shares divided by five (one ADS represents five ordinary shares). The numerator was the same.

     

     

     

    The Group is able to settle the employees’ compensation by cash or shares. The Group assumed that the entire amount of the compensation would be settled in shares and the resulting potential shares were included in the weighted average number of ordinary shares outstanding used in the computation of diluted earnings per share if the effect is dilutive. Such dilutive effect of the potential shares was included in the computation of diluted earnings per share until the shareholders approve the number of shares to be distributed to employees at their meeting in the following year.

     

    The third unsecured convertible overseas bonds issued by the Company were anti-dilutive for the year ended December 31, 2017 and were excluded from the computation of diluted earnings per share for the same period.