NOTE 26

		2015 Rm	2014 Rm	2013 Rm
26.	Earnings and headline earnings per share
26.1	Fully converted weighted average number of shares
	Weighted average number of ordinary shares (net of share buy‑back)	211 843 282	211 668 757	211 010 873
	Increase in number of shares as a result of unexercised share options and unvested forfeitable shares	693 911	1 010 901	942 207
	Fully converted weighted average number of shares	212 537 193	212 679 658	211 953 080
	Account is taken of the number of ordinary shares in issue for the period in which they are entitled to participate in the net profit of the group.
	Net profit for the year attributable to shareholders of parent company	1 713	2 143	1 609
	Net profit for the year from continuing operations	1 743	1 715	1 563
	Net profit for the year from discontinued operations		428	46

		2015	2014	2013	2015 Cents	2014 Cents	2013 Cents
26.2	Earnings per share
	Basic
	The weighted average number of ordinary shares	211 843 282	211 668 757	211 010 873
	Earnings per share				808.7	1 012.3	763.0
	Earnings per share from continuing operations				808.7	810.3	739.9
	Earnings per share from continuing operations – excluding B-BBEE charge				920.4	810.3	739.9
	Earnings per share from discontinued operations					202.0	23.1
	Diluted
	Fully converted weighted average number of shares (note 26.1)	212 537 193	212 679 658	211 953 080
	Earnings per share				806.1		759.2
	Earnings per share from continuing operations				806.1	806.4	736.2
	Earnings per share from continuing operations – excluding B-BBEE charge				917.4	806.4	736.2
	Earnings per share from discontinuing operations					201.1	23.0
	Percentage dilution	0.3	0.5	0.5
	Percentage dilution – excluding B-BBEE charge	0.3	0.5	0.5

		2015 Rm	2014 Rm	2013 Rm
26.3	Headline earnings per share
	Profit for the year attributable to Barloworld Limited shareholders	1 713	2 143	1 609
	Adjusted for the following:
	Gross remeasurements excluded from headline earnings	(4)	(303)	125
	Loss/(profit) on disposal of subsidiaries and investments (IFRS 10)	4	(530)	43
	Profit on disposal of property and other assets (IAS 16)	(35)	(77)	(18)
	Impairment of goodwill (IFRS 3)	33	208	71
	Reversal of impairment of investments in associates and joint ventures (IAS 36)	(2)	2
	Impairment of plant and equipment (IAS 16) and intangibles (IAS 38) and other assets	6	94	23
	(Profit)/loss on sale of plant and equipment excluding rental assets (IAS 16)	(10)		6
	Taxation effects of remeasurements	14		(1)
	Rate change of amounts excluded from headline earnings	13
	Taxation benefit on impairment of plant and equipment (IAS 16) and intangible assets (IAS 38)	1	5
	Taxation benefit on discontinued operation (IFRS 5)		(5)	(1)

	Non-controlling interests in remeasurements		27	(2)
	Net remeasurements excluded from headline earnings	11	(275)	122
	Headline earnings	1 724	1 867	1 731
	B-BBEE charge net of taxation	237
	Headline earnings – excluding B-BBEE charge	1 960	1 867	1 731
	Profit from continuing operations	1 835	1910	1 671
	Non-controlling shareholders interest in net profit from continuing operations	(121)	(195)	(108)
	Profit from continuing operations attributable to Barloworld Limited shareholders	1 713	1715	1563
	Adjusted for the following items in continuing operations:
	Gross remeasurements excluded from headline earnings from continuing operations	(4)	66	85
	Loss/(profit) on disposal of subsidiaries and investments (IFRS 10)	4	(161)	43
	Profit on disposal of property and other assets (IAS 16)	(35)	(77)	(18)
	Impairment of goodwill (IFRS 3)	33	208	31
	Reversal of impairment of investments in associates and joint ventures (IAS 36)	(2)	2
	Impairment of plant and equipment (IAS 16) and intangibles (IAS 38) and other assets	6	94	23
	(Profit)/loss on sale of plant and equipment excluding rental assets (IAS 16)	(10)		6
	Taxation effects of remeasurements	14	5	(1)
	Rate change of amounts excluded from headline earnings	13
	Taxation benefit on impairment of plant and equipment (IAS 16) and intangible assets (IAS 38)	1	5	(1)
	Non-controlling interests in remeasurements		27	(2)
	Net remeasurements excluded from headline earnings from continuing operations	11	22	82
	Headline earnings from continuing operations	1 724	1 813	1 645
	B-BBEE charge net of taxation	237
	Headline earnings from continuing operations – excluding B-BBEE charge	1 960	1 813	1 645
	Profit from discontinued operation attributable to Barloworld Limited shareholders		428	46
	Adjusted for the following items in discontinued operation:
	Gross remeasurements excluded from headline earnings from discontinued operation		(369)	40
	Impairment of goodwill (IFRS 3)			40
	Profit on disposal of subsidiaries and investments (IFRS 10)		(369)
	Taxation effects of remeasurements		(5)
	Taxation benefit of discontinued operation (IFRS 5)		(5)

	Net remeasurements excluded from headline earnings from discontinued operation		(374)	40
	Headline earnings from discontinued operation		54	86

	2015	2014	2013	2015 Cents	2014 Cents	2013 Cents
Headline earnings per share
Basic
The weighted average number of ordinary shares	211 843 282	211 668 757	211 010 873
Headline earnings per share				813.8	882.5	820.8
Headline earnings per share from continuing operations				813.8	856.5	779.6
Headline earnings per share from continuing operations – excluding B-BBEE charge				925.5	856.5	779.6
Headline loss per share from discontinued operation					26.0	41.2
Diluted
Fully converted weighted average number of shares (note 26.1)	212 537 193	212 679 658	211 953 080
Headline earnings per share				811.1	877.7	817.1
Headline earnings per share from continuing operations				811.1	852.1	776.1
Headline earnings per share from continuing operations – excluding B-BBEE charge				922.3	852.1	776.1
Headline loss per share from discontinued operation					25.6	41.0
Percentage dilution	0.3	0.5	0.5
Percentage dilution – excluding B-BBEE charge	0.4	0.5	0.4