Notes to the consolidated financial statements |
| for the year ended 30 June 2008 |
| |
 |
|
|
2008 |
|
2007 |
| |
|
|
R’000 |
|
R’000 |
23. |
EARNINGS AND HEADLINE EARNINGS PER SHARE |
|
|
|
|
| |
Earnings per share (cents) |
|
11 406 |
|
2 863 |
| |
Headline earnings per share (cents) |
|
11 362 |
|
2 720 |
| |
|
|
|
|
|
| |
The above calculations were determined using the following information: |
|
|
|
|
| |
Earnings |
|
|
|
|
| |
Profit attributable to shareholders of the holding company |
|
3 069 522 |
|
774 704 |
| |
|
|
|
|
|
| |
Headline earnings |
|
|
|
|
| |
Earnings as above |
|
3 069 522 |
|
774 704 |
| |
Adjusted for: |
|
|
|
|
| |
Profit (after tax) on disposal of: |
|
|
|
|
| |
– property, plant and equipment |
|
(90) |
|
(2 104) |
| |
– available-for-sale investments |
|
(19 221) |
|
(36 786) |
| |
Loss on disposal and scrapping of property, plant and equipment |
|
7 497 |
|
207 |
| |
Headline earnings |
|
3 057 708 |
|
736 021 |
| |
Weighted number of ordinary shares outstanding (R’000) |
|
|
|
|
| |
Ordinary shares in issue |
|
28 000 |
|
28 000 |
| |
Treasury shares |
|
(1 088) |
|
(942) |
| |
Weighted average number of shares outstanding |
|
26 912 |
|
27 058 |
|
| |
