DBS GROUP HOLDINGS LTD AND ITS SUBSIDIARY COMPANIES
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1. EARNINGS PER ORDINARY SHARE Continued
The effect of the exercise of DBSH share options and conversion of DBSH Non-voting CPS and DBSH Non-voting redeemable CPS on DBSH Group’s net profit attributable to members is as follows:
DBSH Group In S’million
1st Half 2003 1st Half 2002
Net profit attributable to members annualised 932
1,071 Less: Preference dividends annualised
20 20
Net profit attributable to members after adjustment of preference dividends 912
1,051 Adjustment to net profit arising from:
i Full conversion of DBSH Non-voting CPS
5 5
ii Full conversion of DBSH Non-voting redeemable CPS
15 15
Adjusted net profit attributable to members b
932
1,071 Add: Goodwill amortisation annualised
427 273
Adjusted net profit attributable to members excluding goodwill amortisation c 1,359
1,344 Diluted Earnings Per Ordinary Share Cents ba
60 70
Diluted Earnings Per Ordinary Share excluding goodwill amortisation Cents ca
87 87
2. LOAN AND INVESTMENT EXPOSURES TO MALAYSIA, INDONESIA, THAILAND, KOREA,
THE PHILIPPINES REGIONAL COUNTRIES, HONG KONG AND CHINA
At June 30, 2003, DBSH Group had assets in the Regional Countries amounting to S11,068 million December 31, 2002: S8,282 million; June 30, 2002: S8,315 million and in Hong Kong and China amounting to S27,849 million
December 31, 2002: S27,161 million; June 30, 2002: S31,294 million. The exposures are determined based on the location of the credit risk of the customers and counter parties regardless of where the transactions are booked.
DBSH Group June 30, 2003
December 31, 2002 June 30, 2002
In S’ million Assets
NPLs
1
Assets NPLs
1
Assets NPLs
1
Malaysia 1,211
276 952
329 974
370 Indonesia
459 75
422 110
435 105
Thailand excluding DTDB 260
188 303
197 338
215 Korea
4,375 18
2,341 17
1,927 20
The Philippines 897
36 700
37 860
28 Sub-Total
DTDB 7,202
3,866 593
1,021 4,718
3,564 690
905 4,534
3,781 738
972
Total Regional Countries 11,068
1,614 8,282
1,595 8,315
1,710 Hong Kong
26,440 795
25,777 772
30,032 878
China 1,409
148 1,384
167 1,262
160
Total 38,917
2,557 35,443
2,534 39,609
2,748
Note: 1
Non-performing loans “NPLs” include classified bank loans, contingent facilities and debt instruments.
DBS GROUP HOLDINGS LTD AND ITS SUBSIDIARY COMPANIES
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2. LOAN AND INVESTMENT EXPOSURES TO MALAYSIA, INDONESIA, THAILAND, KOREA,
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