 |
 |
 |
Basic (loss)/earnings per share is calculated by dividing the (loss)/earnings attributable to ordinary shareholders by the weighted average number of ordinary shares in issue during the year, excluding those held in the employee share ownership trust. The company has dilutive potential ordinary shares in respect of the Sharesave Option Scheme and the Performance Share Plan (see Remuneration Report). Adjusted earnings per share from continuing operations adds back to profit the effect of exceptional items and the amortisation of intangible assets.
Reconciliations of the earnings and weighted average number of shares used in the calculations are set out below.
|
|
|
|
|
|
2009 |
2008 |
|
Weighted average number of ordinary shares in issue (thousands) used in Basic calculations |
28,474 |
28,473 |
||||
|
Potentially dilutive shares (weighted average) |
972 |
|
||||
|
Fully diluted number of ordinary shares (thousands) |
29,446 |
28,473 |
||||
|
|
|
|
|
|
|
|
|
|
2009
£’000 |
2009 Basic eps pence |
2009 Diluted eps pence |
2008
£’000 |
2008 Basic eps pence |
2008 Diluted eps pence |
|
Loss attributable to equity shareholders of the Company |
(183) |
(0.6) |
(0.6) |
(19,475) |
(68.4) |
(68.4) |
|
Profit/(loss) from discontinued operations attributable to equity shareholders of the Company |
566 |
2.0 |
1.9 |
(8,337) |
(29.3) |
(29.3) |
|
Loss from continuing operations attributable to equity shareholders of the Company |
(749) |
(2.6) |
(2.6) |
(11,138) |
(39.1) |
(39.1) |
|
Exceptional items |
2,535 |
|
|
8,481 |
|
|
|
Profit/(loss) from continuing operations excluding exceptional items |
1,786 |
6.3 |
6.1 |
(2,657) |
(9.3) |
(9.3) |
|
Amortisation of intangible assets |
1,770 |
|
|
1,683 |
|
|
|
Profit/(loss) from continuing operations excluding exceptional items and amortisation of intangibles |
3,556 |
12.5 |
12.1 |
(974) |
(3.4) |
(3.4) |
NEXT: NOTE 9. EMPLOYEES