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92GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIESNOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 201524. Capital commitments and contingenciesCapital commitmentsThere are capital commitments amounting to $13.7 million as at 31 December 2015 (2014: $8.5 million).Contingencies %u2013 legal actionAs disclosed in Note 16 there were a number of writs served against the Company for libel same of which remained outstanding at year end. There are also certain other pending legal actions and other claims in which the Group is involved where the directors are of the opinion that, based on information provided by the Group%u2019s attorneys-at-law, if any liability should arise out of these claims it is not likely to be material. Accordingly no provision has been made in these consolidated fnancial statements in respect of these matters.25. Earnings per shareAs described in Note 2 (xviii), basic earnings per share is computed by relating net income attributable to ordinary shareholder (net of preference shares) to the weighted average number of shares outstanding during the year. The weighted average number of shares has been adjusted for the removal of treasury shares. Basic earnings per share has been computed as follows:2015 2014$ $Net income attributable to ordinary shareholder 36,042 33,850Less preference share dividend (117) (117)Earnings available to ordinary shareholders 35,925 33,733Weighted average number of shares (%u2019000)(adjusted for treasury shares) 39,900 39,900Basic and diluted earnings per share 90 cents 85 centsThe Company has no dilutive potential ordinary shares in issue.(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)