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Thorn-EMI 1995 Annual Report

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Basic earnings per Ordinary Share is calculated as follows:<br />

Profrt attributable to members of the Holding Company<br />

Weighted average number of Ordinary Shares in issue<br />

Earnings per Ordinary Share<br />

Fully diluted earnings per Ordinary Share is calculated as follows:<br />

Adjusted profrt attributable to members of the Holding Company<br />

Adjusted weighted average number of Ordinary Shares<br />

Earnings per Ordinary Share<br />

Adjusted basic earnings per Ordinary Share is calculated as follows:<br />

Adjusted earnings<br />

Weighted average number of Ordinary Shares in issue<br />

Adjusted earnings per Ordinary Share<br />

Adjusted fully diluted earnings per Ordinary Share is calculated as follows:<br />

Adjusted fully diluted earnings<br />

Adjusted weighted average number of Ordinary Shares<br />

Adjusted earnings per Ordinary Share<br />

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Adjusted earnings per Ordinary Share is based on earnings before the impact ofboth operating<br />

and non-operating exceptional items. It is included as it provides a better understanding of the<br />

underlying trading performance of the Group on a normalised basis.<br />

Cost at 3l March 1994<br />

Currency retranslation<br />

Acquisition of copyrights<br />

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No amortisation was provided at 31 March <strong>1995</strong>, or at 3l March 1994, in accordance with the<br />

Group's accounting policy as set out on page 37

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