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173
Tiger Brands Limited Integrated Annual Report
2014
Annual financial statements
9 Calculation of weighted average number of shares for headline earnings
per share and basic earnings per share purposes
continued
9.4
Reconciliation between profit for the year and headline earnings
continued
(R’million)
Gross
Taxation
Non-
controlling
interest
Net
2014
Discontinued operation
Earnings/profit attributable to shareholders
of the parent
29,9
Adjusted for
:
Gain on remeasurement to fair value on transfer
of net assets to held-for-sale
(18,6)
–
6,8
(11,8)
Headline earnings for the year
(18,6)
–
6,8
18,1
2013 (restated)*
Continuing operations
Earnings/profit attributable to shareholders of the
parent
2 516,0
Adjusted for
:
Profit on sale of property, plant and equipment
(2,1)
2,0
(2,9)
(3,0)
Write-off of intangible assets
2,9
–
–
2,9
Headline earnings adjustments – associates
– Profit on sale of intangible assets
(1,2)
0,3
–
(0,9)
Headline earnings for the year
(0,4)
2,3
(2,9)
2 515,0
Discontinued operation
Earnings/profit attributable to shareholders
of the parent
60,7
Adjusted for
:
Loss on sale of property, plant and equipment
15,5
–
(5,8)
9,7
Loss on remeasurement to fair value on transfer of
net assets to held-for-sale
25,8
–
(9,5)
16,3
Headline earnings for the year
41,3
–
(15,3)
86,7
*
The amounts have been restated due to the adoption of IAS 19R.