RECONCILIATION OF GROUP HEADLINE EARNINGS
| Download (EXCEL) |
| Gross Rm |
Tax Rm |
Non- controlling interest Rm |
Net Rm |
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| For the year ended 31 December 2019 (Reviewed) | |||||
| Profit attributable to owners of the parent | 9 809 | ||||
| Adjusted for: | (2 286) | 62 | 14 | (2 210) | |
| – IFRS 10 Loss on loss of control of subsidiary | 35 | 35 | |||
| – IAS 16 Gain on disposal of operation | (76) | 17 | (59) | ||
| – IAS 16 Net gains on disposal of property, plant and equipment | (3) | (3) | (6) | ||
| – IAS 16 Compensation from third parties for items of property, plant and equipment impaired, abandoned or lost | (49) | 14 | 8 | (27) | |
| – IAS 21 Net gains on translation differences recycled to profit or loss on partial disposal of associate | (832) | (832) | |||
| – IAS 21 Net gains on translation differences recycled to profit or loss on dilution of associates | (1) | (1) | |||
| – IAS 21 Net gain on translation differences recycled to profit or loss on liquidation of foreign subsidiary | (10) | (10) | |||
| – IAS 21 Net loss on translation differences recycled to profit or loss on deregistration of foreign entity | 3 | (1) | 2 | ||
| – IAS 28 Losses on dilution of investments in associates | 42 | 42 | |||
| – IAS 28 Net gains on disposal of associates1 | (1 504) | 65 | (1 439) | ||
| – IAS 28 Share of equity-accounted investments’ separately identifiable remeasurements | 71 | (14) | (12) | 45 | |
| – IAS 36 Net impairment of non-current assets | 35 | 5 | 40 | ||
| Headline earnings | 7 599 | ||||
| Continuing operations | 7 437 | ||||
| Discontinued operations | 162 | ||||
| For the year ended 31 December 2018 (Audited) | |||||
| (Re-presented) | |||||
| Profit attributable to owners of the parent | 7 030 | ||||
| Adjusted for: | (348) | 25 | (323) | ||
| – IFRS 10 Gain on disposal of subsidiaries | (69) | (69) | |||
| – IAS 16 Gain on disposal of operation | (102) | (102) | |||
| – IAS 16 Net gains on disposal of property, plant and equipment | (122) | 13 | (109) | ||
| – IAS 16 Compensation from third parties for items of property, plant and equipment impaired, abandoned or lost | (57) | 16 | (41) | ||
| – IAS 21 Net gain on translation differences recycled to profit or loss on liquidation of foreign subsidiary | (14) | (14) | |||
| – IAS 28 Share of equity-accounted investments’ separately identifiable remeasurements | 16 | (4) | 12 | ||
| Headline earnings | 6 707 | ||||
| Continuing operations | 6 568 | ||||
| Discontinued operations | 139 |
| 1 | Includes a gain of R1 234 million on the partial disposal of Tronox Holdings plc and a gain of R270 million on the redemption of the membership interest in Tronox UK. |
| 2019 Reviewed |
(Re-presented) 2018 Audited |
|||
| Headline earnings per share (cents) | ||||
| Aggregate | ||||
| – Basic | 3 027 | 2 672 | ||
| – Diluted | 3 027 | 2 057 | ||
| Continuing operations | ||||
| – Basic | 2 962 | 2 617 | ||
| – Diluted | 2 962 | 2 014 | ||
| Discontinued operations | ||||
| – Basic | 65 | 55 | ||
| – Diluted | 65 | 43 |
Refer note 11 for details regarding the number of shares.