Asia-Pacific Strategic Investments Limited - Annual Report 2021

Notes to the Financial Statements For the financial year ended 30 June 2021

10

Loss per share

Basic loss per share is calculated by dividing the net loss attributable to equity holders of the Company by the weighted average number of ordinary shares outstanding during the financial year.

Diluted loss per share is calculated by dividing the net loss attributable to equity holders of the Company by the weighted average number of ordinary shares outstanding during the financial year plus the weighted average of ordinary shares that would be issued on the conversion of all the dilutive potential ordinary shares into ordinary shares.

Total

2021

2020

(3,781)

Net loss attributable to equity holders of the Company (S$’000)

(5,888)

Weighted average number of ordinary shares outstanding for basic loss per share (’000)

17,825,138

17,824,184

16,153,738

Effect of dilutive potential ordinary shares (’000)

20,597,015

Weighted average number of ordinary shares outstanding for diluted loss per share (’000)

33,978,876

38,421,199

(0.02)

Basic and diluted loss per share (cents per share)

(0.03)

As the Group recorded net losses for the financial years ended 30 June 2021 and 2020, the dilutive potential shares from the warrants are anti-dilutive and no changes are made to the diluted loss per share.

11

Cash and cash equivalents

Group

Company

2021

2021

2020

2020

S$’000

S$’000

S$’000

S$’000

1,537

902

Cash at bank and on hand

4,030

3,427

12

Financial assets, at FVPL

Group and Company 2021 2020 S$’000 S$’000

Held for trading Listed securities - Equity securities – Malaysia

2,824

3,381

The instruments are all mandatorily measured at fair value through profit or loss.

ANNUAL REPORT 2021

83