For the year ended 31 march 2014
2014 | Restated 2013 |
|
---|---|---|
Rm | Rm | |
Earnings per share | ||
Total operations | ||
Basic earnings/(loss) per share (cents) | 748.5 | (2 303.0) |
Diluted earnings/(loss) per share (cents) | 744.8 | (2 303.0) |
Headline earnings per share (cents)* | 851.4 | 60.1 |
Diluted headline earnings per share (cents)* | 847.1 | 60.1 |
Continuing operations | ||
Basic earnings/(loss) per share (cents) | 758.1 | (2 282.6) |
Diluted earnings/(loss) per share (cents) | 754.3 | (2 282.6) |
Headline earnings per share (cents)* | 861.0 | 86.2 |
Diluted headline earnings per share (cents)* | 856.6 | 86.2 |
Discontinued operation | ||
Basic loss per share (cents) | (9.6) | (20.4) |
Diluted loss per share (cents) | (9.5) | (20.4) |
Headline loss per share (cents)* | (9.6) | (26.1) |
Diluted headline loss per share (cents)* | (9.5) | (26.1) |
Reconciliation of weighted average number of ordinary shares: | Number of shares | Number of shares |
Ordinary shares in issue | 520 783 900 | 520 783 900 |
Weighted average number of treasury shares | 10 190 084 | 10 190 084 |
Weighted average number of shares outstanding | 510 593 816 | 510 593 816 |
Reconciliation of diluted weighted average number of ordinary shares | ||
Weighted average number of shares outstanding | 510 593 816 | 510 593 816 |
Expected future vesting of shares | 2 587 629 | - |
Diluted weighted average number of shares outstanding | 513 181 445 | 510 593 816 |
*The disclosure of headline earnings is a requirement of the JSE Limited and is not a recognised measure under IFRS. It has been calculated in accordance with the South African Institute of Chartered Accountants' circular 2/2013 issued in this regard. | ||
Total operations | ||
Reconciliation between earnings and headline earnings:*** | ||
Profit/(loss) for the year | 3 943 | (11 636) |
Non-controlling interests | (121) | (123) |
Profit/(loss) attributable to Owners of Telkom | 3 822 | (11 759) |
Profit on disposal of property, plant and equipment and intangible assets | (77) | (39) |
Loss on disposal of subsidiary | 23 | - |
Impairment loss on property, plant and equipment and intangible assets** | 392 | 12 000 |
Profit on disposal of joint venture | - | (30) |
Write-offs of property, plant and equipment and intangible assets | 240 | 178 |
Taxation effects | (53) | (43) |
Headline earnings | 4 347 | 307 |
Continuing operations | ||
Reconciliation between earnings and headline earnings:*** | ||
Profit/(loss) from continuing operations | 3 992 | 11 532 |
Non-controlling interests | (121) | (123) |
Profit/(loss) attributable to Owners of Telkom | 3 871 | (11 655) |
Profit on disposal of property, plant and equipment and intangible assets | (77) | (39) |
Loss on disposal of subsidiary | 23 | - |
Impairment loss on property, plant and equipment and intangible assets** | 392 | 12 000 |
Write-offs of property, plant and equipment and intangible assets | 240 | 177 |
Taxation effects | (53) | (43) |
Headline earnings | 4 396 | 440 |
Discontinued operation | ||
Reconciliation between earnings and headline earnings:*** | ||
Loss from discontinued operation | (49) | (104) |
Loss attributable to Owners of Telkom | (49) | (104) |
Profit on disposal of joint venture | - | 30 |
Write-offs of property, plant and equipment and intangible assets | - | 1 |
Headline loss | (49) | (133) |
*Restated due to the adoption of IAS19R. |