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LOSS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Basic Earnings Per Ordinary Share

As at December 31, 2020, this amounted to 83,606,810 shares (2019: 83,606,810) (2018: 83,612,908 shares).

	December 31, 2020			December 31, 2019			December 31, 2018
‘A’ ordinary shares		83,606,810			83,606,810			83,612,908

Basic earnings per share denominator		83,606,810			83,606,810			83,612,908

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	)		(12,555,600	)		(12,549,502	)

Basic earnings per share denominator		83,606,810			83,606,810			83,612,908

*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, 2020		December 31, 2019		December 31, 2018
Basic earnings per share denominator (see above)		83,606,810		83,606,810		83,612,908
Issuable on exercise of options and warrants		3,154,668		-		22,359
Issuable on conversion of exchangeable notes		18,263,254		18,263,254		19,873,553

Diluted earnings per share denominator		105,024,732		101,870,064		103,508,820

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, 2020 US$‘000			December 31, 2019 US$‘000			December 31, 2018 US$‘000
Loss after tax for the year		(6,388	)		(28,914	)		(22,090	)
Non-cash financial expense/(income) (Note 8)		1,216			(233	)		(1,388	)
Cash interest expense (Note 8)		3,996			3,996			4,352
Non-cash interest on exchangeable notes (Note 8)		643			639			689

Adjusted loss after tax		(533	)		(24,512	)		(18,437	)

Schedule of Basic Earning per ADS

	December 31, 2020			December 31, 2019			December 31, 2018
ADS		20,901,703			20,901,703			20,903,227

Basic earnings per share denominator		20,901,703			20,901,703			20,903,227

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	)		(3,138,899	)		(3,137,375	)

Basic earnings per share denominator		20,901,703			20,901,703			20,903,227

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, 2020		December 31, 2019		December 31, 2018
Basic earnings per share denominator (see above)		20,901,703		20,901,703		20,903,227
Issuable on exercise of options and warrants		788,666		-		5,590
Issuable on conversion of exchangeable notes		4,565,814		4,565,814		4,968,388

Diluted earnings per share denominator		26,256,183		25,467,517		25,877,205