Exhibit 11a
AES CHINA GENERATING CO. LTD.
STATEMENTS REGARDING COMPUTATION OF EARNINGS PER SHARE
(In thousands, except per share amounts)
Three Months Ended Three Months Ended
August 31, 1996 August 31, 1995
------------------------ -----------------------
PRIMARY
Weighted Average Number of Shares of Common
Stock Outstanding 15,634 17,299
Net Effect of Dilutive Stock
Options
Based on the Treasury Stock Method Using 30 -
Average Market Price
------------------------ -----------------------
Weighted Average Shares Outstanding 15,664 17,299
======================== =======================
Net Income US$ 1,037 576
======================== =======================
Per Share Amount US$ 0.06 0.03
======================== =======================
FULLY DILUTED
Weighted Average Number of Shares of Common 15,634 17,299
Stock Outstanding
Net Effect of Dilutive Stock Options Based on
the Treasury Stock Method Using Ending Market
Price 30 -
------------------------ -----------------------
Weighted Average Shares Outstanding 15,664 17,299
======================== =======================
Net Income US$ 1,037 576
======================== =======================
Per Share Amount US$ 0.06 0.03
======================== =======================
Exhibit 11b
AES CHINA GENERATING CO. LTD.
STATEMENTS REGARDING COMPUTATION OF EARNINGS PER SHARE
(In thousands, except per share amounts)
Nine Months Ended Nine Months Ended
August 31, 1996 August 31, 1995
------------------------ -----------------------
PRIMARY
Weighted Average Number of Shares of Common
Stock Outstanding 15,638 17,487
Net Effect of Dilutive Stock
Options
Based on the Treasury Stock Method Using 11 -
Average Market Price
------------------------ -----------------------
Weighted Average Shares Outstanding 15,649 17,487
======================== =======================
Net Income US$ 1,947 1,569
======================== =======================
Per Share Amount US$ 0.12 0.09
======================== =======================
FULLY DILUTED
Weighted Average Number of Shares of Common 15,638 17,487
Stock Outstanding
Net Effect of Dilutive Stock Options Based on
the Treasury Stock Method Using Ending Market
Price 11 -
------------------------ -----------------------
Weighted Average Shares Outstanding 15,649 17,487
======================== =======================
Net Income US$ 1,947 1,569
======================== =======================
Per Share Amount US$ 0.12 0.09
======================== =======================