Earnings per share

12 Months Ended

Dec. 31, 2024

12.	Earnings per share

12.1.

Basic earnings per share

	2024		2023		2022
	Cents		Cents		Cents
Basic earnings/(loss) per share from continuing operations attributable to the ordinary equity holders of the Company		15.07		1.63		(33.50	)
Total basic earnings/(loss) per share attributable to the ordinary equity holders of the Company		15.07		1.63		(33.50	)

12.2.

Diluted earnings per share

	2024		2023		2022
	Cents		Cents		Cents
Diluted earnings/(loss) per share from continuing operations attributable to the ordinary equity holders of the Company		14.46		1.61		(33.50	)
Total diluted earnings/(loss) per share attributable to the ordinary equity holders of the Company		14.46		1.61		(33.50	)

12.3.

Weighted average number of shares used as the denominator

	2024		2023		2022
	Number		Number		Number
		’000		’000		’000
Weighted average number of ordinary shares used as the denominator in calculating basic earnings/loss per share		331,226		319,181		310,644
Weighted average number of ordinary shares used as the denominator in calculating diluted earnings/loss per share¹		345,188		323,710		310,644

1.	For the year ended December 31, 2022 there were 4,436,046 options that were not included in the calculation of diluted earnings as they were antidilutive.

12.3.1.

Options and rights

Equity instruments (options, PSARs, PSIRs and rights) granted to employees under the Group’s EIP scheme (refer to note 30 for further details) and rights issued as part of acquisitions are considered to be potential ordinary shares. They have been included in the determination of diluted earnings per share based on achieving the required performance hurdles, and to the extent to which they are dilutive.

12.3.2.

Convertible bonds

Convertible bonds issued during the year are not included in the calculation of diluted earnings per share, because they are antidilutive for the year ended December 31, 2024. These options could potentially dilute basic earnings per share in the future. Refer to note 23.2 for further details relating to the convertible bonds.