The calculation of basic earnings per share for the Group is based on profit and loss attributable to the parent for the year
of R55.4 million (June 2023: net profit of R183.5 million), and a weighted average number of shares of 830.3 million
(June 2023: 597.8 million) shares in issue. The calculation of headline earnings per share for the Group is calculated on
adjusted headline earnings of R334.8 million (June 2023: R217.3 million), and a weighted average number of shares of 830.3 million
(June 2023: 597.8 million) shares in issue.
|
Group |
|
June 2024
R’000 |
Restated*
June 2023
R’000 |
RECONCILIATION OF HEADLINE EARNINGS PER SHARE
Total profit and loss attributable to the parent |
55 381 |
183 523 |
| BASIC EARNINGS |
55 381 |
183 523 |
| ADJUSTED FOR: |
|
|
| Impairment of property and equipment |
26 611 |
25 000 |
| Impairment of intangible assets |
230 835 |
– |
| Loss on disposal of subsidiaries |
– |
198 |
| Impairment of investment in associates |
14 661 |
– |
| Loss on disposal of tangible assets |
3 495 |
3 338 |
| Write-off of intangible assets |
6 060 |
5 415 |
| Fair value (losses)/profits on investment property |
(1 769) |
1 750 |
| Total non-controlling interest effect of adjustments |
– |
(592) |
| Total tax effects of adjustments |
(466) |
(1 374) |
| HEADLINE EARNINGS |
334 808 |
217 258 |
|
|
|
EARNINGS PER SHARE (CENTS)
Basic |
6.67 |
30.70 |
| Basic |
6.67 |
30.70 |
|
|
|
| Diluted |
6.51 |
29.57 |
| Diluted |
6.51 |
29.57 |
|
|
|
HEADLINE EARNINGS PER SHARE (CENTS)
Basic |
40.32 |
36.34 |
| Diluted |
39.37 |
35.01 |
| Weighted average number of ordinary shares used in the calculation of diluted earnings per share |
830 328 259 |
597 825 403 |
| – dilutionary impact of contingent shares** |
20 065 547 |
22 808 329 |
| Weighted average number of ordinary shares used in the calculation of diluted earnings per share |
850 393 806 |
620 633 732 |
|
|
|