| Summarised notes to the consolidated financial statements l Note 2 |
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Audited |
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2014
Rm |
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| 2. |
Reconciliation of net profit to headline earnings |
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Net profit attributable to Barloworld shareholders |
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1 713 |
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2 143 |
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Adjusted for the following: |
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Loss/(profit) on disposal of subsidiaries and investments (IFRS 10) |
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4 |
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(530) |
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Profit on disposal of properties and other assets (IAS 16) |
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(35) |
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(77) |
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Impairment of goodwill (IFRS 3) |
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33 |
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208 |
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Reversal of impairment of investments in associates and joint ventures (IAS 36) |
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(2) |
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2 |
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Impairment of plant and equipment (IAS 16) and intangibles (IAS 38) and other assets |
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6 |
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94 |
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Loss on sale of plant and equipment excluding rental assets (IAS16) |
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(10) |
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Rate change of amounts excluded from headline earnings |
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13 |
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Taxation benefit on impairment of plant and equipment (IAS 16) and intangible assets (IAS 38) |
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1 |
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Non-controlling interest in remeasurements |
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27 |
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Headline earnings |
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1 724 |
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1 867 |
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Headline earnings from continuing operations |
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1 724 |
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1 813 |
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Headline earnings from continuing operations – excluding B-BBEE charge |
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1 960 |
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1 813 |
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Headline earnings from discontinued operations |
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54 |
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Weighted average number of ordinary shares in issue during the year (000) |
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– basic |
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211 843 |
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211 669 |
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– diluted |
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212 537 |
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212 680 |
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Headline earnings per share (cents) |
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– basic |
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813.8 |
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882.5 |
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– diluted |
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811.1 |
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877.7 |
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Headline earnings per share from continuing operations (cents) |
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– basic |
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813.8 |
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856.5 |
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– diluted |
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811.1 |
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852.1 |
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Headline earnings per share from continuing operations (basic) excluding |
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B-BBEE charge |
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– basic |
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925.5 |
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856.5 |
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– diluted |
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922.3 |
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852.1 |
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Headline earnings per share from discontinued operations (cents) |
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– basic |
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26.0 |
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– diluted |
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25.6 |
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| Summarised notes to the consolidated financial statements l Note 2 |
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