180 / 280
178
BLUE LABEL INTEGRATED ANNUAL REPORT 2014
NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS
CONTINUED
For the year ended 31 May 2014
2014
2013
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)
450 230
424 841
Weighted average number of ordinary shares in issue (thousands)
663 298
661 578
Basic earnings per share (cents per share)
67.88
64.22
(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.
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