NOTES TO THE FINANCIAL STATEMENTS l Note 10

Company
Group
 
2020 
Rm 
2019 
Rm 
2020 
Rm 
2019 
Rm 
 
    10. Earnings per share      
    Earnings per share and diluted earnings per share is based on the income attributable to ordinary shareholders of R964 million (2019:R1 253 million).      
    The earnings per share calculations are based on 1 231 052 557 (2019: 1 221 573 614) weighted average number of shares in issue during the period, excluding weighted average treasury shares.      
    Reconciliation of shares in issue:      
    – Total number of share issued 1 321 654 148  1 295 254 148   
    – Shares held by Share Incentive Trust (9 824 614) (10 451 786)  
    – BBBEE treasury shares (63 722 861) (60 818 201)  
    – Treasury shares held by subsidiaries (17 621 666) (3 369 062)  
    Shares in issue to external parties 1 230 485 007  1 220 615 099   
    The calculation of diluted earnings per share is based on:      
    Weighted average number of shares in issue for basic earnings per share 1 231 052 557   1 221 573 614   
    Potentially dilutive ordinary shares resulting from outstanding share-based payment awards per note 6 4 916 434   4 458 384   
    Weighted average number of shares for diluted earnings per share 1 235 968 991   1 226 031 998   
    Earnings per share (cents) 78,3  102,6   
    Diluted earnings per share (cents) 78,0  102,2   
    Adjusted earnings per share (cents)* 81,5  102,6   
    # Less than R1 million.
* Adjusted for once-off charge of R39 million detailed in note 6.
     


NOTES TO THE FINANCIAL STATEMENTS l Note 10