Note 13 - Earnings Per Share

12 Months Ended

Mar. 31, 2018

Statement Line Items [Line Items]

Earnings per share [text block]

13 EARNINGS PER SHARE

On

September 25, 2017,

the Company consolidated its outstanding ordinary shares on the basis of

one

new ordinary share for every

ten

existing ordinary shares and therefore the earnings per share calculation reflect the impact of the share capital consolidation on a retroactive basis. Refer to note

22

which outlines further details on the share consolidation.

	YEAR ENDED MARCH 31, 2018 $000’s			YEAR ENDED MARCH 31, 2017 $000’s			YEAR ENDED MARCH 31, 2016 $000’s
LOSS
Loss used in calculation of basic and diluted earnings per share		(13,875	)		(18,790	)		(92,253	)
Loss used in calculation of basic and diluted earnings per share from continuing operations		(13,875	)		(14,029	)		(75,527	)

	SHARES		SHARES		SHARES
NUMBER OF SHARES
Weighted average number of shares for the purpose of basic earnings per share		54,122,562		42,260,692		40,319,876
Weighted average number of shares for the purpose of diluted earnings per share		54,122,562		42,260,692		40,319,876

In accordance with IAS

33

“Earnings per share” as the Group generated a loss for the year, the inclusion of potentially dilutive options and shares to be issued would have an antidilutive effect on the loss per share for the year. The impact of these has therefore been excluded from the calculation for the years ended

March 31, 2018

and

2017.