LOSS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Basic Earnings Per Ordinary Share

As at December 31, 2019, this amounted to 83,606,810 shares (2018: 83,612,908 shares) (2017: 86,486,409 shares).

	December 31, 2019			December 31, 2018			December 31, 2017
‘A’ ordinary shares		83,606,810			83,612,908			86,486,409

Basic earnings per share denominator		83,606,810			83,612,908			86,486,409

Reconciliation to weighted average earnings per share denominator:
Number of ‘A’ ordinary shares at January 1 (Note 21)		96,162,410			96,162,410			96,162,410
Weighted average number of shares issued during the year*					-			-
Weighted average number of treasury shares		(12,555,600	)		(12,549,502	)		(9,676,001	)

Basic earnings per share denominator		83,606,810			83,612,908			86,486,409

*The weighted average number of shares issued during the year is calculated by taking the number of shares issued multiplied by the number of days in the year each share is in issue, divided by 365 days.

Schedule of Diluted Earnings Per Ordinary Share

The basic weighted average number of ordinary shares for the Group may be reconciled to the number used in the diluted earnings per ordinary share calculation as follows:

	December 31, 2019		December 31, 2018		December 31, 2017
Basic earnings per share denominator (see above)		83,606,810		83,612,908		86,486,409
Issuable on exercise of options and warrants		-		22,359		-
Issuable on conversion of exchangeable notes		18,263,254		19,873,553		21,023,770

Diluted earnings per share denominator		101,870,064		103,508,820		107,510,179

Schedule of Profit After Tax Diluted Earnings Per Ordinary Share Calculation

The loss after tax for the year may be reconciled to the amount used in the diluted earnings per ordinary share calculation as follows:

	December 31, 2019 US$‘000			December 31, 2018 US$‘000			December 31, 2017 US$‘000
Loss after tax for the year		(28,914	)		(22,090	)		(40,270	)
Non-cash financial income (Note 8)		(233	)		(1,388	)		(2,390	)
Cash interest expense (Note 8)		3,996			4,352			4,600
Non-cash interest on exchangeable notes (Note 8)		639			689			723

Adjusted loss after tax		(24,512	)		(18,437	)		(37,337	)

Schedule of Basic Earning per ADS

	December 31, 2019			December 31, 2018			December 31, 2017
ADS		20,901,703			20,903,227			21,621,602

Basic earnings per share denominator		20,901,703			20,903,227			21,621,602

Reconciliation to weighted average earnings per share denominator:
Number of ADS at January 1 (Note 21)		24,040,602			24,040,602			24,040,602
Weighted average number of shares issued during the year*		-			-			-
Weighted average number of treasury shares		(3,138,899	)		(3,137,375	)		(2,419,000	)

Basic earnings per share denominator		20,901,703			20,903,227			21,621,602

Schedule of Diluted Earning per ADS

The basic weighted average number of ADS shares for the Group may be reconciled to the number used in the diluted earnings per ADS share calculation as follows:

	December 31, 2019		December 31, 2018		December 31, 2017
Basic earnings per share denominator (see above)		20,901,703		20,903,227		21,621,602
Issuable on exercise of options and warrants		-		5,590		-
Issuable on conversion of exchangeable notes		4,565,814		4,968,388		5,255,942

Diluted earnings per share denominator		25,467,517		25,877,205		26,877,544