2017					2016
24	EARNINGS AND HEADLINE EARNINGS PER SHARE
	Earnings and headline earnings per share
	Earnings per share (cents) (basic and diluted)					4 867			1 491
	Headline earnings per share (cents) (basic and diluted)					5 049			1 690
	The above calculations were determined using the following information:
						R’000			R’000
	Earnings
	Profit attributable to shareholders of the holding company					5 021 171			1 539 363
	Headline earnings
	Earnings as above					5 021 171			1 539 363
	Adjusted for:
	Impairment of non-financial assets in joint-venture entity					70 414			145 950
	– before taxation (refer note 1)					96 501			202 709
	– taxation effect					(26 087)			(56 759)
	Impairment of Dwarsrivier upon sale in joint-venture entity					373 014			—
	Bargain purchase gain (Dwarsrivier) (refer note 35.1)					(256 755)			—
	Impairment of non-financial assets in subsidiaries – attributable (refer note 2)					—			23 168
	Impairment of non-financial assets in group (before non-controlling shareholder’s portion)					—			41 371
	– before taxation					—			41 371
	– taxation effect					—			—
	Less: Non-controlling shareholder’s portion					—			(18 203)
	Impairment of financial assets					—			23 547
	– before taxation (refer note 4)					—			30 344
	– taxation effect					—			(6 797)
	Impairment of goodwill					—			24 315
	Loss/(profit) on disposal of property, plant and equipment in joint venture entity					1 202			(5 995)
	– before taxation					1 670			(8 326)
	– taxation effect					(468)			2 331
	Relief realised on disposal of subsidiary					—			(6 176)
	– before taxation (refer note 33.3)					—			(8 578)
	– taxation effect					—			2 402
	Loss on disposal of property, plant and equipment in subsidiaries					—			4
	– before taxation (refer note 22)					—			5
	– taxation effect					—			(1)
						5 209 046			1 744 176
	Shares in issue
	Weighted number of ordinary shares in issue (‘000)
	Ordinary shares in issue					139 607			139 607
	Treasury shares held in trust (refer note 12)					(36 430)			(36 400)
	Weighted average number of shares in issue for the year					103 177			103 207