PDF 25 MB - Sun International | Investor Centre
PDF 25 MB - Sun International | Investor Centre
PDF 25 MB - Sun International | Investor Centre
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for the year ended 30 June<br />
NOTES TO THE GROUP FINANCIAL STATEMENTS continued<br />
12. EARNINGS PER SHARE (continued)<br />
Number of shares for diluted adjusted HEPS calculation (000’s)<br />
Weighted average number of shares in issue 92 967 88 492<br />
Weighted deemed treasury shares 847 461<br />
Weighted treasury shares held by employee share trusts 6 226 6 931<br />
Adjusted weighted average number of shares in issue 100 040 95 884<br />
Adjustment for dilutive share options 1 015 1 227<br />
Diluted adjusted weighted average number of shares in issue 101 055 97 111<br />
Earnings per share (cents)<br />
Basic 552 566<br />
Headline 568 645<br />
Adjusted headline 512 626<br />
Diluted earnings per share (cents)<br />
Basic 546 558<br />
Headline 562 636<br />
Adjusted headline 507 618<br />
Earnings per share is calculated by dividing the net profit attributable to ordinary shareholders by the<br />
weighted average number of ordinary shares in issue.<br />
Adjusted headline earnings include adjustments made for certain items of income or expense. These<br />
adjustments include pre-opening expenses and material items considered to be outside the normal<br />
operating activities of the group and/or of a non-recurring nature.<br />
For the diluted earnings per share calculation the weighted average number of ordinary shares in<br />
issue is adjusted to take account of potential dilutive share options granted to employees. The<br />
number of shares taken into account is determined by taking the number of shares that could have<br />
been acquired at fair value based on the monetary value of the subscription rights attached to the<br />
outstanding share options and awards. This calculation is done to determine the ‘unpurchased’<br />
shares to be added to the ordinary shares outstanding for the purpose of computing the dilution.<br />
13. DIVIDENDS PAID<br />
A final dividend of <strong>25</strong>8 cents per share for the year ended 30 June 2008 was declared on 28 August<br />
2008 and paid on 29 September 2008. (227)<br />
A dividend of 100 cents per share for the year ended 30 June 2010 was declared on 27 August 2010<br />
and paid on 20 September 2010.<br />
2010<br />
Rm<br />
2009<br />
Rm<br />
(227)<br />
161
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