EX-11 11 oeh-ex11_20121231x10k.htm EXHIBIT OEH-EX11_2012.12.31-10K


EXHIBIT 11

ORIENT-EXPRESS HOTELS LTD. AND SUBSIDIARIES

Statement re Computation of Per Share Earnings

(Common shares means both Class A and Class B)


 
2012
 
2011
 
2010
Year ended December 31,
 
$
 
$
 
$
 
 
 
 
 
 
 
Losses from continuing operations
 
(10,617,000
)
 
(18,833,000
)
 
(28,281,000
)
Earnings/(losses) from discontinued operations, net of tax
 
3,729,000

 
(68,763,000
)
 
(34,299,000
)
 
 
 
 
 
 
 
Net losses
 
(6,888,000
)
 
(87,596,000
)
 
(62,580,000
)
Net earnings attributable to non-controlling interests
 
(173,000
)
 
(184,000
)
 
(179,000
)
Net losses attributable to Orient-Express Hotels Ltd.
 
(7,061,000
)
 
(87,780,000
)
 
(62,759,000
)
 
 
 
 
 
 
 
 
 
Shares
 
Shares
 
Shares
Shares used to compute basic earnings per common share (weighted average number of shares outstanding)
 
102,849,000

 
102,531,000

 
91,545,000

Shares used to compute diluted earnings per common share (weighted average number of shares outstanding assuming the effect of share options and share awards)
 
102,849,000

 
102,531,000

 
91,545,000

 
 
 
 
 
 
 
 
 
$
 
$
 
$
Basic earnings per share:
 
 
 
 
 
 
Net earnings/(losses) from continuing operations
 
(0.10
)
 
(0.18
)
 
(0.31
)
Net earnings/(losses) from discontinued operations
 
0.04

 
(0.67
)
 
(0.37
)
Basic net earnings/(losses) per share attributable to Orient-Express Hotels Ltd.
 
(0.07
)
 
(0.86
)
 
(0.69
)
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
Net earnings/(losses) from continuing operations
 
(0.10
)
 
(0.18
)
 
(0.31
)
Net earnings/(losses) from discontinued operations
 
0.04

 
(0.67
)
 
(0.37
)
Diluted net earnings/(losses) per share attributable to Orient-Express Hotels Ltd.
 
(0.07
)
 
(0.86
)
 
(0.69
)