Notes to the financial statements l Note 10

Company  Group 
2021 
Rm 
2020 
Rm 
2021 
Rm 
2020 
Rm 
10.  Earnings per share 
Earnings per share and diluted earnings per share is based on the income attributable to ordinary shareholders of R1 718 million (2020: R964 million). 
The earnings per share calculations are based on 1 221 084 933 (2020: 1 231 052 557) weighted average number of shares in issue during the period, excluding weighted average treasury shares. 
Reconciliation of shares in issue: 
- Total number of shares issued  1 321 654 148  1 321 654 148 
- Shares held by Retention Trust  (6 000 000) – 
– Shares held by Share Incentive Trust  (10 211 753) (9 824 614)
– BBBEE treasury shares  (64 686 287) (63 722 861)
– Treasury shares held by subsidiaries  (24 070 812) (17 621 666)
Shares in issue to external parties  1 216 685 296  1 230 485 007 
The calculation of diluted earnings per share is based on: 
Weighted average number of shares in issue for basic earnings per share  1 221 084 933  1 231 052 557 
Potentially dilutive ordinary shares resulting from outstanding share-based payment awards per note 6  5 903 744  4 916 434 
Weighted average number of shares for diluted earnings per share  1 226 988 677  1 235 968 991 
Earnings per share (cents) 140,7  78,3 
Diluted earnings per share (cents) 140,1  78,0 
Adjusted earnings per share (cents) 140,7  81,5* 
* Adjusted for once-off charge of R39 million in the prior period related to the BBBEE transaction detailed in note 6.
   

Notes to the financial statements l Note 10