Reconciliation of headline earnings with net earnings
International Financial Reporting Standards Basis
Figures are in millions unless otherwise stated
| |
|
Quarter |
|
|
|
Year to date |
|
| |
Net earnings |
1,100.4 |
|
899.9 |
|
1,215.6 |
|
| |
Profit on sale of investments |
- |
|
- |
|
(63.8) |
|
- |
|
(88.2) |
|
| |
Taxation effect on sale of investments |
- |
|
- |
|
6.9 |
|
- |
|
6.9 |
|
| |
Loss/(profit) on sale of assets |
2.4 |
|
1.3 |
|
(0.5) |
|
3.7 |
|
(1.4) |
|
| |
Taxation effect on sale of assets |
(0.3) |
|
(0.3) |
|
- |
|
(0.6) |
|
0.3 |
|
| |
Impairment of investments |
- |
|
196.6 |
|
197.9 |
|
| |
Headline earnings |
1,101.4 |
|
1,039.1 |
|
1,331.1 |
|
| |
Headline earnings per share – cents |
176 |
|
153 |
|
147 |
|
329 |
|
189 |
|
| |
Based on headline earnings as given above divided by 721,981,479 (March 2011 – 720,785,806 and June 2010 – 705,826,038) being the weighted average number of ordinary shares in issue. |
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