(1.3MB)11. Earnings per ordinary share
|
From continuing and discontinued operations |
2006 |
2005 |
|---|---|---|
|
Earnings per ordinary share |
||
|
Basic |
17.7p |
13.4p |
|
Diluted |
16.9p |
10.1p |
|
From continuing operations |
||
|
Loss per ordinary share |
||
|
Basic |
(2.4)p |
(1.0)p |
|
Diluted |
(2.3)p |
(0.7)p |
|
From discontinued operations |
||
|
Earnings per ordinary share |
||
|
Basic |
20.1p |
14.4p |
|
Diluted |
19.2p |
10.8p |
|
From continuing and discontinued operations |
||
|
Adjusted earnings per ordinary share |
||
|
Basic |
24.9p |
18.6p |
|
Diluted |
23.8p |
13.9p |
The calculation of basic earnings per share is based on the profit on ordinary activities after taxation and minority interests attributable to shareholders of Sportingbet Plc of £69.7m (2005: £39.9m) and the weighted average number of shares in issue during the period of 394,551,671 (2005: 296,693,558).
The calculation of diluted earnings per share is based on the profit for the financial year of £69.7m (2005: £39.9m) and the weighted average number of shares in issue of 412,778,778 (2005: 396,620,913), adjusted to assume the exercise of options over shares of 8,454,981 (2005: 7,317,304) and the effect of dilutive earn out shares to be issued of 9,772,125 (2005: 92,610,015).
Due to the size of non-cash items, the Group has adjusted its earnings per Ordinary Share to exclude goodwill amortisation (of its subsidiary undertakings), share option charge and exceptional items.
Adjusted earnings per ordinary share excludes amortisation of goodwill of £22.1m (2005: £16.4m), share option charges of £6.4m (2005: £nil) and exceptional profit of £nil (2005: £1.0m).