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NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS

CONTINUED

For the year ended 31 May 2015

159

BLUE LABEL INTEGRATED ANNUAL REPORT 2015

22.

EARNINGS PER SHARE continued

(b)

Headline continued

2014

Profit

before tax

and non-

controlling

interest

R’000

Tax

R’000

Non-

controlling

interest

R’000

Headline

earnings

R’000

Profit attributable to equity

holders of the Company

655 357

(206 442)

1 315

450 230

Profit on disposal of property,

plant and equipment

(287)

80

—

(207)

Impairment of property, plant and

equipment

129

(36)

—

93

Impairment of intangible assets

1 073

(300)

—

773

Headline earnings

450 889

Weighted average number of

ordinary shares in issue

(thousands)

663 298

Headline earnings per share

(cents per share)

67.98