| 2018 R'000 |
2017 R'000 |
||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2 | EARNINGS AND HEADLINE EARNINGS PER SHARE | ||||||||
| Earnings and headline earnings per share (cents) | |||||||||
| Earnings per share (basic and diluted) | 4 963 | 4 867 | |||||||
| Headline earnings per share (basic and diluted) | 4 953 | 5 049 | |||||||
| The above calculations were determined using the following information: | |||||||||
| R’000 | R’000 | ||||||||
| Earnings | |||||||||
| Profit attributable to shareholders of the holding company | 5 119 329 | 5 021 171 | |||||||
| Headline earnings | |||||||||
| Earnings as above | 5 119 329 | 5 021 171 | |||||||
| Adjusted for: | |||||||||
| Profit on disposal of available-for-sale listed investments | (42 432) | — | |||||||
| – before taxation | (42 432) | — | |||||||
| – taxation effect | — | — | |||||||
| Profit on disposal of property, plant and equipment in subsidiaries | (5 105) | — | |||||||
| – before taxation (refer note 22) | (6 578) | — | |||||||
| – taxation effect | 1 473 | — | |||||||
| Gain on disposal of investment in associate | (5 835) | — | |||||||
| – before taxation | (8 104) | — | |||||||
| – taxation effect | 2 269 | — | |||||||
| Impairment of non-financial assets in joint-venture entity | 18 684 | 70 414 | |||||||
| – before taxation (refer note 1) | 25 950 | 96 501 | |||||||
| – taxation effect | (7 266) | (26 087) | |||||||
| Impairment of furniture, fittings and office equipment | 6 854 | — | |||||||
| – before taxation (refer note 2) | 9 519 | — | |||||||
| – taxation effect | (2 665) | — | |||||||
| Impairment of non-financial assets | 15 526 | ||||||||
| – before taxation (refer note 35.2) | 21 564 | — | |||||||
| – taxation effect | (6 038) | — | |||||||
| Loss on disposal of property, plant and equipment in joint-venture entity | 1 731 | 1 202 | |||||||
| – before taxation | 2 230 | 1 670 | |||||||
| – taxation effect | (499) | (468) | |||||||
| Impairment of Dwarsrivier upon sale in joint-venture entity | — | 373 014 | |||||||
| Bargain purchase gain (Dwarsrivier) (refer note 35.1) | — | (256 755) | |||||||
| 5 108 752 | 5 209 046 | ||||||||
| Shares in issue | |||||||||
| Weighted number of ordinary shares in issue (‘000) | |||||||||
| Ordinary shares in issue | 139 607 | 139 607 | |||||||
| Treasury shares held in trust | (36 456) | (36 430) | |||||||
| Weighted average number of shares in issue for the year | 103 151 | 103 177 | |||||||