160 / 248
NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS
CONTINUED
For the year ended 31 May 2015
158
BLUE LABEL INTEGRATED ANNUAL REPORT 2015
2014
22.
EARNINGS PER SHARE
(a)
Basic
Basic earnings per share are calculated by dividing the profit
attributable to equity holders of the Company by the weighted
average number of ordinary shares in issue during the year.
Profit attributable to equity holders of the Company (R’000)
577 617
450 230
Weighted average number of ordinary shares in issue (thousands)
665 030
663 298
Basic earnings per share (cents per share)
86.86
67.88
(b)
Headline
Headline earnings are calculated applying the principles contained in SAICA circular 2/2013.
The weighted average number of ordinary shares used is the same as that used for the basic earnings
per share.
2015
Profit
before tax
and non-
controlling
interest
R’000
Tax
R’000
Non-
controlling
interest
R’000
Profit attributable to equity
holders of the Company
846 690
(265 497)
(3 576)
577 617
Profit on disposal of property,
plant and equipment
(1 707)
478
4
(1 225)
Impairment of property, plant
and equipment in joint venture
3 264
—
— 3 264
Profit on disposal of subsidiary
(3 962)
—
— (3 962)
Profit on disposal of associate
(37 238)
8 595
— (28 643)
Headline earnings
547 051
Weighted average number of
ordinary shares in issue
(thousands)
665 030
Headline earnings per share
(cents per share)
82.26
2015
Headline
earnings
R’000