NOTE 8. EARNINGS PER SHARE
CONSOLIDATED
2015
2014
cents
cents
A. REPORTING PERIOD VALUES
Basic earnings per ordinary share
*
31.22
56.09
Diluted earnings per ordinary share
30.45
53.62
* The basic earnings per ordinary share excludes the treasury shares held in trust from the denominator of the calculation, but includes earnings attributable to those
shares in the numerator, to comply with AASB 133 Earnings Per Share.
CONSOLIDATED
2015
2014
$m
$m
B. RECONCILIATION OF EARNINGS USED IN CALCULATING EARNINGS PER SHARE
Profit/(loss) for the year
830
1,330
Profit attributable to non-controlling interests
(102)
(97)
Profit/(loss) attributable to shareholders of the Parent which is used in calculating basic and
diluted earnings per share
728
1,233
Earnings used in calculating diluted earnings per share
Finance costs of convertible securities, net of tax
26
24
Profit/(loss) attributable to shareholders of the Parent which is used in calculating diluted
earnings per share
754
1,257
CONSOLIDATED
2015
2014
Number of
shares in
millions
Number of
shares in
millions
C. RECONCILIATION OF WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES USED IN CALCULATING EARNINGS PER SHARE
Weighted average number of ordinary shares on issue
2,345
2,211
Weighted average number of treasury shares held in trust
(13)
(13)
Weighted average number of ordinary shares used in the calculation of basic earnings per share
2,332
2,198
Weighted average number of dilutive potential ordinary shares relating to:
Convertible securities
131
133
Unvested share based remuneration rights supported by treasury shares held in trust
13
13
Weighted average number of ordinary shares used in the calculation of diluted earnings per share
2,476
2,344
NOTE 9. DIVIDENDS
CENTS PER
SHARE
TOTAL
AMOUNT
PAYMENT DATE
TAX RATE FOR
FRANKING
CREDIT
PERCENTAGE
FRANKED
$m
A. ORDINARY SHARES
2015
2015 interim dividend
13.0
304
1 April 2015
30%
100%
2014 final dividend
26.0
609 8 October 2014
30%
100%
913
2014
2014 interim dividend
13.0
304
2 April 2014
30%
100%
2013 final dividend
25.0
519
9 October 2013
30%
100%
823
It is standard practice that the Board determines to pay the dividend for a period after the relevant reporting date. In accordance with
the relevant accounting policy (refer to section AD of the summary of significant accounting policies note) a dividend is not accrued for
until it is determined to pay and so the dividends for a six-monthly period are generally recognised and measured in the financial
reporting period following the period to which the dividend relates.
The dividends recognised in the current reporting year include $4 million (2014-$3 million) paid in relation to treasury shares held in
trusts controlled by the Consolidated entity.
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