EX-19.6 2 exhibit196.htm EXHIBIT 19.6 Exhibit


Notes to the Consolidated Financial Statements
12    Earnings (loss) per ordinary share
 
2017

 
2016

 
2015

 
US cents per share
Basic earnings (loss) per ordinary share
(46
)
 
15

 
(20
)
- Continuing operations
(46
)
 
15

 
8

The calculation of basic earnings (loss) per ordinary share is based on profits (losses) attributable to equity shareholders of ($191m) (2016: $63m; 2015: $31m) and 415,440,077 (2016: 412,585,042; 2015: 409,606,858) shares being the weighted average number of ordinary shares in issue during the financial year.
 
 
 
 
 
- Discontinued operations
—

 
—

 
(28
)
The calculation of basic earnings (loss) per ordinary share is based on profits (losses) attributable to equity shareholders of nil (2016: nil; 2015: ($116m)) and 415,440,077 (2016: 412,585,042; 2015: 409,606,858) shares being the weighted average number of ordinary shares in issue during the financial year.
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings (loss) per ordinary share
(46
)
 
15

 
(20
)
- Continuing operations
(46
)
 
15

 
8

The calculation of diluted earnings (loss) per ordinary share is based on profits (losses) attributable to equity shareholders of ($191m) (2016: $63m; 2015: $31m) and 415,440,077 (2016: 414,706,400; 2015: 411,371,341) shares being the diluted number of ordinary shares.
 
 
 
 
 
- Discontinued operations
—

 
—

 
(28
)
The calculation of diluted earnings (loss) per ordinary share is based on profits (losses) attributable to equity shareholders of nil (2016: nil; 2015: $(116m)) and 415,440,077 (2016: 414,706,400; 2015: 409,606,858) shares being the diluted number of ordinary shares.
 
 
 
 
 
In calculating the basic and diluted number of ordinary shares outstanding for the year, the following were taken into consideration:
 
Number of shares
 
2017

 
2016

 
2015

Ordinary shares
409,265,471

 
407,519,542

 
404,747,625

Fully vested options and currently exercisable(1)
6,174,606

 
5,065,500

 
4,859,233

Weighted average number of shares
415,440,077

 
412,585,042

 
409,606,858

Dilutive potential of share options
—

 
2,121,358

 
—

Fully diluted number of ordinary shares
415,440,077

 
414,706,400

 
409,606,858

Figures in millions
US Dollars
In calculating the diluted earnings (loss) attributable to equity shareholders, the following were taken into consideration:
 
 
 
 
 
Profit (loss) attributable to equity shareholders
(191
)
 
63

 
(85
)
(1)
Employee compensation awards are included in basic earnings per share from the date that all necessary conditions have been satisfied and it is virtually certain that shares will be issued as a result of employees exercising their options.
Figures in millions
2017

 
2016

 
2015

  
US Dollars
Headline earnings (loss)
 
 
 
 
 
The profit (loss) attributable to equity shareholders was adjusted by the following to arrive at headline earnings (loss):
 
 
 
 
 
Profit (loss) attributable to equity shareholders from continuing and discontinued operations
(191
)
 
63

 
(85
)
Net impairment (impairment reversal) and derecognition of assets
298

 
(16
)
 
2

Net (profit) loss on disposal of assets
(8
)
 
4

 
9

Special items of associates and joint ventures
—

 
—

 
3

Exchange loss on foreign currency translation reserve release
—

 
60

 
—

Taxation on items above
(72
)
 
—

 
(2
)
 
27

 
111

 
(73
)




 
US Cents
Basic headline earnings (loss) per share
 
 
 
 
 
The calculation of basic headline earnings (loss) per ordinary share is based on basic headline earnings (losses) of $27m (2016: $111m; 2015: ($73m)) and 415,440,077 (2016: 412,585,042; 2015: 409,606,858) shares being the weighted average number of ordinary shares in issue during the year.
6

 
27

 
(18
)
Diluted headline earnings (loss) per share
 
 
 
 
 
The calculation of diluted headline earnings (loss) per ordinary share is based on diluted headline earnings (losses) of $27m (2016: $111m; 2015: ($73m)) and 415,440,077 (2016: 414,706,400; 2015: 409,606,858) shares being the weighted average number of ordinary shares in issue during the year.
6

 
27

 
(18
)