Telkom AR front.qxp
Telkom AR front.qxp
Telkom AR front.qxp
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10. E<strong>AR</strong>NINGS PER SH<strong>AR</strong>E (continued)<br />
Continuing operations (continued)<br />
<strong>Telkom</strong> Annual Report 2009 169<br />
Notes to the consolidated annual financial statements (continued)<br />
for the three years ended March 31, 2009<br />
2007 2008 2009<br />
Headline earnings per share (cents)* 1,235.5 1,028.9 557.0<br />
The calculation of headline earnings per share is based on headline<br />
earnings of R2,789 million (2008: R5,243 million; 2007: R6,355 million)<br />
and 500,700,538 (2008: 509,595,092; 2007: 514,341,284)<br />
weighted average number of ordinary shares in issue.<br />
Diluted headline earnings per share (cents)*<br />
The calculation of diluted headline earnings per share is based on headline<br />
earnings of R2,789 million (2008: R5,243 million; 2007: R6,355 million)<br />
and 508,782,641 (2008: 515,541,968; 2007: 515,763,581) diluted<br />
weighted average number of ordinary shares in issue. The adjustment in the<br />
weighted average number of shares is as a result of the expected future<br />
vesting of shares already allocated to employees under the <strong>Telkom</strong><br />
Conditional Share Plan.<br />
1,232.2 1,017.0 548.2<br />
Discontinuing operations<br />
Basic earnings per share (cents)<br />
The calculation of earnings per share is based on profit attributable to<br />
equity holders of <strong>Telkom</strong> for the year of R2,130 million (2008:<br />
R3,064 million; 2007: R2,450 million) and 500,700,538<br />
(2008: 509,595,092; 2007: 514,341,284) weighted average<br />
number of ordinary shares in issue.<br />
476.3 601.3 425.4<br />
Diluted earnings per share (cents)<br />
The calculation of diluted earnings per share is based on earnings for the<br />
year of R2,130 million (2008: R3,064 million; 2007: R2,450 million)<br />
and 508,782,641 diluted weighted average number of ordinary shares<br />
(2008: 515,541,968; 2007: 515,763,581). The adjustment in the<br />
weighted average number of shares is as a result of the expected future<br />
vesting of shares already allocated to employees under the <strong>Telkom</strong><br />
Conditional Share Plan.<br />
475.0 594.3 418.6<br />
Headline earnings per share (cents)*<br />
The calculation of headline earnings per share is based on headline<br />
earnings of R2,191 million (2008: R3,088 million; 2007: R2,444 million)<br />
and 500,700,538 (2008: 509,595,092; 2007: 514,341,284)<br />
weighted average number of ordinary shares in issue.<br />
475.2 606.0 437.6<br />
Diluted headline earnings per share (cents)*<br />
The calculation of diluted headline earnings per share is based on<br />
headline earnings of R2,191 million (2008: R3,088 million; 2007:<br />
R2,444 million) and 508,782,641 (2008: 515,541,968;<br />
2007: 515,763,581) diluted weighted average number of ordinary<br />
shares in issue. The adjustment in the weighted average number of<br />
shares is as a result of the expected future vesting of shares already<br />
allocated to employees under the <strong>Telkom</strong> Conditional Share Plan.<br />
473.9 599.0 430.6