BUSINESS MODEL
AND STRATEGIC
OBJECTIVES
LEADERSHIP
GOVERNANCE
OPERATING
PERFORMANCE
SHAREHOLDERS’
INFORMATION AND
ADMINISTRATION
FINANCIAL
PERFORMANCE
BLUE LABEL INTEGRATED ANNUAL REPORT 2014
179
NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS
CONTINUED
For the year ended 31 May 2014
22.
EARNINGS PER SHARE (continued)
(b) Headline (continued)
2013
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
604 509
(196 404)
16 736
424 841
Profit on disposal of property, plant and
equipment
(789)
221
6
(562)
Profit on disposal of subsidiaries
(120)
—
— (120)
Profit on disposal of joint ventures
(2 273)
—
166
(2 107)
Impairment of property, plant and
equipment
3 408
(954)
— 2 454
Headline earnings
424 506
Weighted average number of ordinary
shares in issue (thousands)
661 578
Headline earnings per share (cents per
share)
64.17




