Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

3 months to March 31,	2013	2012
	$’M	$’M
	_________________	_________________
Numerator for basic earnings per share	64.8	238.4
Interest on convertible bonds, net of tax 1	-	8.4
	_________________	_________________
Numerator for diluted earnings per share	64.8	246.8
	_________________	_________________

Schedule of Weighted Average Number of Shares

Weighted average number of shares:
	Millions	Millions
	_________________	_________________
Basic 2	551.5	553.5
Effect of dilutive shares:
Share based awards to employees 3	3.8	8.6
Convertible bonds 2.75% due 2014 4	-	33.5
	_________________	_________________
Diluted	555.3	595.6
	_________________	_________________

1. For the three months ended March 31, 2013 interest on convertible bonds has not been added back as the effect would be anti-dilutive.

2. Excludes shares purchased by the EBT and under the share buy-back program and presented by Shire as treasury stock.

3. Calculated using the treasury stock method.

4. Calculated using the 'if-converted' method.

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

	2013	2012
	No. of shares	No. of shares
	Millions	Millions
	_________________	_________________
Share based awards to employees1	5.6	6.1
Convertible bonds 2.75% due 20142	33.6	-
	_________________	_________________

• Certain stock options have been excluded from the calculation of diluted EPS because (a) their exercise prices exceeded Shire plc's average share price during the calculation period or (b) the required performance conditions were not satisfied as at the balance sheet date.