Exhibit 11.1
AES CHINA GENERATING CO. LTD.
STATEMENTS REGARDING COMPUTATION OF EARNINGS PER SHARE
(In thousands, except per share amounts)
For Period from
December 7, 1993
For Year Ended (inception) to
November 30, November 30,
1996 1995 1994
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PRIMARY
Weighted Average Number of Shares of
Common Stock Outstanding 15,637 17,391 14,817
Net Effect of Dilutive Stock
Options
Based on the Treasury Stock Method Using 27 - -
Average Market Price
Stock Allocated to Pension Plan 6 - -
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Weighted Average Shares Outstanding 15,670 17,391 14,817
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Net Income / (Loss) US$ 4,140 US$ 2,138 US$ (371)
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Per Share Amount US$ 0.26 US$ 0.12 US$ (0.03)
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FULLY DILUTED
Weighted Average Number of Shares of
Common Stock Outstanding 15,637 17,391 14,817
Net Effect of Dilutive Stock Options Based
on the Treasury Stock Method Using Ending
Market Price 259 - -
Stock Allocated to Pension Plan 6 - -
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Weighted Average Shares Outstanding 15,902 17,391 14,817
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Net Income / (Loss) US$ 4,140 US$ 2,138 US$ (371)
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Per Share Amount US$ 0.26 US$ 0.12 US$ (0.03)
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