Amendment to Annual Report — Form 10-K
Filing Table of Contents
Document/Exhibit Description Pages Size
1: 10-K/A China Resources Development, Inc Form 10-K/A 94 518K
2: EX-3.6 Certificate of Amendment of Articles of Incorp. 4 16K
3: EX-3.7 Amended and Restated Bylaws of Registrant 9 30K
4: EX-4.2 Certificate of Amendment of Certificate 4 17K
5: EX-10.28 Loan Agreement Between Harc & the Farming Bureau 4 13K
6: EX-10.29 Loan Agreement Between Harc and Registrant 3 11K
7: EX-10.30 Rental Agreement Between Harc & Hainan Farming 3 13K
8: EX-10.31 Shareholders' Agreement on Business Restructuring 10 39K
9: EX-10.32 Assets and Staff Transfer Agreement 10 40K
10: EX-10.33 Exchange Agreement 10 34K
11: EX-10.34 Amended and Restated 1995 Stock Option Plan 12 42K
12: EX-11.3 Computation of Earnings Per Share 2 9K
13: EX-27.4 Financial Data Schedule 1 8K
EX-11.3 — Computation of Earnings Per Share
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EXHIBIT 11.3
Computation of Earnings Per Share for Fiscal Year ended December 31,
1996
CHINA RESOURCES DEVELOPMENT INC
EXHIBIT 11.3 - STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
(Amounts in thousands except share and per share data)
[Download Table]
Year ended December 31,
1994 1995 1996
-----------------------------------
Primary
Average shares outstanding 1,200,000 1,200,000 3,533,512
Net effect of dilutive stock options -
based on the treasury stock method
using average market price -- 30,356 219,170
Assume conversion of series B convertible
preferred stock -- 2,251 --
--------- --------- ---------
Total 1,200,000 1,232,607 3,752,682
========= ========= =========
Net income RMB10,282 RMB19,175 RMB35,822
========= ========= =========
Per share amount RMB 8.57 RMB 15.56 RMB 9.55
========= ========= =========
Fully Diluted
Average shares outstanding 1,200,000 1,200,000 3,533,512
Net effect of dilutive stock options -
based on the treasury stock method using
the year-end market price, if higher than
average market price -- 47,424 219,798
Assume conversion of series B convertible
preferred stock -- 2,251 --
--------- --------- ---------
Total 1,200,000 1,249,675 3,753,310
========= ========= =========
Net income RMB10,282 RMB19,175 RMB35,822
========= ========= =========
Per share amount RMB 8.57 RMB 15.34 RMB 9.54
========= ========= =========
Dates Referenced Herein and Documents Incorporated by Reference
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