Notes to the financial statements l Note 11

Company  Group 
2021 
Rm 
2020 
Rm 
2021 
Rm 
2020 
Rm 
11.  Headline earnings 
The calculation of headline and diluted headline earnings per share is based on the income attributable to ordinary shareholders - as used in the calculation for basic earnings, adjusted in terms of Circular 1/2019, Headline Earnings. 
Reconciliation of headline earnings (Rand millions): 
Basic earnings  1 718  964 
Profit on sale of property, plant and equipment  (16) (1)
Gross amount  (22) (1)
Taxation  6  # 
Impairment of plant and equipment  8  11 
Gross amount  10  16 
Taxation  (2) (5)
Headline earnings  1 710  974 
Headline earnings per share (cents) 140,1  79,2 
Diluted headline earnings per share (cents) 139,4  78,8 
Adjusted headline earnings per share* (cents) 140,1  82,3 
# Less than R1 million.
* 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 11