| NOTES TO THE CONSOLIDATED ANNUAL FINANCIAL STATEMENTS l NOTE 32 |
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| |
|
2014
Rm |
|
|
Restated
2013
Rm |
| 32. |
Earnings per share |
|
|
|
|
| |
Ordinary shares |
|
|
|
|
| |
Net profit attributable to owners of Imperial - basic earnings |
3 272 |
|
|
3 296 |
| |
Saving of finance costs by associate on potential sale of Imperial shares |
60 |
|
|
43 |
| |
Diluted earnings |
3 332 |
|
|
3 339 |
| |
Weighted average number of ordinary shares in issue (million) |
193,9 |
|
|
191,6 |
| |
Basic earnings per share (cents) |
1 687 |
|
|
1 720 |
| |
Weighted average number of ordinary shares (million) |
193,9 |
|
|
191,6 |
| |
Adjusted for weighted average potential ordinary shares resulting from: |
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|
|
|
| |
– Conversion of deferred ordinary shares to ordinary shares (million) |
1,6 |
|
|
5,9 |
| |
– Potential disposal of shares held by an associate (million) |
4,5 |
|
|
4,6 |
| |
– Potential ordinary shares to be delivered in terms of share schemes (million) |
|
|
|
0,1 |
| |
Weighted average number of ordinary shares for diluted earnings (million) |
200,0 |
|
|
202,2 |
| |
Diluted earnings per share (cents) |
1 666 |
|
|
1 651 |
| |
Headline earnings and diluted headline earnings per share is calculated as follows: |
| |
|
Gross
amount
Rm |
Income
tax
Rm |
Non-controlling
interest
Rm |
2014
Rm |
|
|
Restated
2013
Rm |
|
| |
Earnings - diluted |
|
|
|
3 332 |
|
|
3 339 |
|
| |
Impairment of property, plant and equipment, transport fleet and vehicles for hire (IAS 36) |
39 |
(1) |
|
38 |
|
|
21 |
|
| |
Impairment of intangible assets (IAS 36) |
7 |
(2) |
|
5 |
|
|
2 |
|
| |
Profit on disposal of property, plant and equipment, transport fleet and vehicles for hire (IAS 16) |
(192) |
38 |
2 |
(152) |
|
|
(25) |
|
| |
Profit on disposal of intangible assets (IAS 38) |
1 |
|
|
1 |
|
|
(2) |
|
| |
Exceptional items |
(36) |
6 |
|
(30) |
|
|
186 |
|
| |
Realised gain on disposal of available-for-sale investments (IAS 39) |
(1) |
|
|
(1) |
|
|
(7) |
|
| |
Adjustments included in result of associates and joint ventures |
18 |
|
|
18 |
|
|
(13) |
|
| |
Headline earnings - diluted |
|
|
|
3 211 |
|
|
3 501 |
|
| |
Saving of finance costs by associate on potential sale of Imperial shares |
|
|
|
(60) |
|
|
(43) |
|
| |
Headline earnings - basic |
|
|
|
3 151 |
|
|
3 458 |
|
| |
Weighted average number of ordinary shares
in issue (million) |
|
|
|
193,9 |
|
|
191,6 |
|
| |
Basic headline earnings per share (cents) |
|
|
|
1 625 |
|
|
1 805 |
|
| |
Weighted average number of ordinary shares for diluted earnings (million) |
|
|
|
200,0 |
|
|
202,2 |
|
| |
Diluted headline earnings per share (cents) |
|
|
|
1 606 |
|
|
1 731 |
|
| |
Core earnings and diluted core earnings per share is calculated as follows: |
| |
|
Gross
amount
Rm |
Income
tax
Rm |
Non-
controlling
interest
Rm |
2014
Rm |
|
|
Restated
2013
Rm |
|
| |
Headline earnings - diluted |
|
|
|
3 211 |
|
|
3 501 |
|
| |
Amortisation of intangible assets arising on business combinations |
336 |
(97) |
(10) |
229 |
|
|
176 |
|
| |
Net cost of meeting obligations under onerous contract |
64 |
(20) |
|
44 |
|
|
|
|
| |
Change in economic asumptions on insurance funds |
7 |
(2) |
|
5 |
|
|
|
|
| |
Charge for amending the converson profile
of deferred shares |
70 |
|
|
70 |
|
|
|
|
| |
Remeasurement of put option liability |
16 |
|
|
16 |
|
|
|
|
| |
Business acquisition costs |
22 |
|
|
22 |
|
|
15 |
|
| |
Remeasurement of contingent considerations and put option liabilities |
(18) |
|
|
(18) |
|
|
(66) |
|
| |
Adjustments included in result of associates
and joint ventures |
|
|
|
|
|
|
3 |
|
| |
Core earnings - diluted |
|
|
|
3 579 |
|
|
3 629 |
|
| |
Saving of finance costs by associate on potential sale of Imperial shares |
|
|
|
(60) |
|
|
(43) |
|
| |
Core earnings - basic |
|
|
|
3 519 |
|
|
3 586 |
|
| |
Weighted average number of ordinary shares in issue (million) |
|
|
|
193,9 |
|
|
191,6 |
|
| |
Basic core earnings per share (cents) |
|
|
|
1 815 |
|
|
1 872 |
|
| |
Weighted average number of ordinary shares for diluted earnings (million) |
|
|
|
200,0 |
|
|
202,2 |
|
| |
Diluted core earnings per share (cents) |
|
|
|
1 790 |
|
|
1 795 |
|
|
|