Earnings per share information

FOR THE SIX MONTHS ENDED 31 DECEMBER 2015

 

  %
change		   Unaudited
Six months
ended
31 December
2015
Rm		   Unaudited
Six months
ended
31 December
2014
Rm		   Audited
Financial year
ended
30 June
2015
Rm		  
Headline earnings reconciliation                
Earnings – basic 19   1 699   1 426   3 054  
Saving of finance costs by associate on potential sale of Imperial shares     21   29   44  
Earnings – diluted     1 720   1 455   3 098  
Recoupment for disposal of property, plant and equipment (IAS 16)     (40)   (15)   (85)  
Recoupment for disposal of intangible assets (IAS 38)     (1)          
Impairment of property, plant and equipment (IAS 36)         17   28  
Impairment of intangible assets (IAS 36)     151          
Impairment of goodwill (IAS 36)     152   16   67  
Impairment (profit) on disposal of investments in associates and joint ventures (IAS 28)     2       (2)  
(Profit) loss on disposal of subsidiaries and businesses (IFRS 10)     (447)   11   (15)  
Reclassification of (gain) loss on disposal of available-for-sale investment (IAS 39)         (1)   43  
Remeasurements included in share of result of associates and joint ventures     10   18   41  
Tax effects of remeasurements     85   (1)   13  
Non-controlling interests share of remeasurements     (66)   (5)   (9)  
Headline earnings – diluted     1 566   1 495   3 179  
Saving of finance costs by associate on potential sale of Imperial shares     (21)   (29)   (44)  
Headline earnings – basic
 5   1 545   1 466   3 135  
Headline earnings per share (cents)                
Continuing operations                
– Basic 3   728   710   1 458  
– Diluted 2   720   708   1 446  
Discontinued operations                
– Basic 49   73   49   166  
– Diluted 48   71   48   163  
Total operations                
– Basic 6   801   759   1 624  
– Diluted 5   791   756   1 609  
Core earnings reconciliation                
Headline earnings – basic 5   1 545   1 466   3 135  
Saving of finance costs by associate on potential sale of Imperial shares     21   29   44  
Headline earnings – diluted 5   1 566   1 495   3 179  
Amortisation of intangible assets arising on business combinations     207   205   415  
Foreign exchange gain on inter-group monetary item     (92)   (104)   (104)  
Business acquisition costs     3   12   16  
Remeasurement of contingent consideration and put option liabilities     33   17   47  
Change in economic assumptions on insurance funds     18   (1)   6  
Tax effects of core earnings adjustments     (35)   (28)   (85)  
Non-controlling interests share of core earnings adjustments     (19)   (15)   (43)  
Core earnings – diluted 6   1 681   1 581   3 431  
Saving of finance costs by associate on potential sale of Imperial shares     (21)   (29)   (44)  
Core earnings – basic
 7   1 660   1 552   3 387  
Core earnings per share (cents)                
Continuing operations                
– Basic 4   781   754   1 586  
– Diluted 3   771   752   1 571  
Discontinued operations                
– Basic 63   80   49   168  
– Diluted 63   78   48   165  
Total operations                
– Basic 7   861   803   1 754  
– Diluted 6   849   800   1 736  
Additional information
                
Net asset value per share (cents) 16   10 635   9 204   9 696  
Dividend per ordinary share (cents) 6   370   350   795  
Number of ordinary shares in issue (million)                
– total shares     202,8   207,8   202,8  
– net of shares repurchased     194,2   193,8   194,6  
– weighted average for basic     192,8   193,2   193,1  
– weighted average for diluted     198,0   197,7   197,6  
Number of other shares (million)                
– Deferred ordinary shares to convert into ordinary shares     8,3   9,1   8,3