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2005 - The Weir Group

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9. Earnings per share (continued)<br />

<strong>2005</strong> 2004<br />

pence<br />

pence<br />

Basic 12.6p 21.4p<br />

Basic - discontinued 1.1p (0.3p)<br />

Basic - continuing 11.5p 21.7p<br />

Basic - continuing (pre restructuring costs) 23.5p 21.7p<br />

Diluted 12.5p 21.3p<br />

Diluted - discontinued 1.1p (0.3p)<br />

Diluted - continuing 11.4p 21.6p<br />

Diluted - continuing (pre restructuring costs) 23.4p 21.6p<br />

<strong>The</strong>re have been 320,230 share options exercised since the reporting date and completion of these financial statements.<br />

10. Dividends paid and proposed<br />

<strong>2005</strong> 2004<br />

£’000 £’000<br />

Declared & paid during the period:<br />

Equity dividends on ordinary shares:<br />

Final dividend for 2004: 9.35p (2003: 9.05p) 19,308 18,564<br />

Interim dividend for <strong>2005</strong>: 3.55p (2004: 3.45p) 7,297 7,124<br />

26,605 25,688<br />

Proposed for approval by shareholders at the AGM:<br />

Final dividend for <strong>2005</strong>: 9.65p (2004: 9.35p) 19,947 19,362<br />

<strong>The</strong> proposed dividend is based on the number of shares in issue, excluding treasury shares held, at the date the financial statements were approved and<br />

authorised for issue. <strong>The</strong> final dividend may differ due to increases or decreases in the number of shares in issue between the date of approval of the report<br />

and financial statements and the record date for the final dividend.<br />

<strong>The</strong> <strong>Weir</strong> <strong>Group</strong> PLC Annual Report <strong>2005</strong> 61

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