McPHERSON’S LIMITED

 ANNUAL REPORT 2015  



  

79

NOTE 30.   EARNINGS PER SHARE

2015

CENTS

2014

1

CENTS

Basic earnings / (loss) per share

9.2

(72.4)

Diluted earnings / (loss) per share

9.2

(72.4)

Basic earnings per share excluding significant items

12.4

15.4

Reconciliation of earnings used in calculating earnings per share

2015

$’000

2014

1

$’000

Basic and diluted earnings per share

Profit for the period (excluding significant items)

11,962

14,252

Significant items, net of tax

(3,122)

(81,291)

Profit / (loss) for the period

8,840

(67,039)

1. See Note 1(A) for details regarding the restatement as a result of an error

Weighted average number of shares used as the denominator

2015

NUMBER

2014

NUMBER

Weighted average number of ordinary shares used as the denominator in calculating basic earnings per share

96,372,429

92,575,577

Potential ordinary shares

-

-

Weighted average number of ordinary shares used as the denominator in calculating diluted earnings per share

96,372,429

92,575,577

Options and performance rights that are not dilutive and are therefore not included in the calculation of diluted  
earnings per share

736,000

1,166,000

Information concerning the classification of securities

Options and performance rights
Options and performance rights granted to employees are considered to be potential ordinary shares and are included in the determination of 

diluted earnings per share to the extent to which they are dilutive. The options and performance rights have not been included in the determination 

of basic earnings per share.
The 736,000 outstanding performance rights are not included in the calculation of diluted earnings per share because they are anti dilutive for the 

year ended 30 June 2015.  These performance rights could potentially dilute basic earnings per share in the future.