8. EARNINGS (EPS), HEADLINE EARNINGS (HEPS) AND DIVIDEND (DPS) PER SHARE
 
Attributable earnings
R'm 		 Weighted average
number of shares ('000)		 Cents per share 
2021  2020  2021  2020  2021  2020 
From continuing operations 
EPS – basic  1 667  706  1 453 847  1 454 703  114.6  48.5 
EPS – diluted  1 667  706  1 458 375  1 459 644  114.3  48.4 
Normalised EPS (NEPS)1  1 598  848  1 453 847  1 454 703  109.8  58.3 
From continuing and discontinued operations 
EPS – basic  1 754  (93) 1 453 847  1 454 703  120.6  (6.4)
EPS – diluted  1 754  (93) 1 458 375  1 459 644  120.3  (6.4)
HEPS – basic  1 615  708  1 453 847  1 454 703  111.1  48.7 
HEPS – diluted  1 615  708  1 458 375  1 459 644  110.7  48.5 
Normalised EPS (NEPS)1  1 640  888  1 453 847  1 454 703  112.7  61.0 

Total dividend (R'm) Total number of issued
shares ('000)		 Cents per share
  2021 2020 2021 2020 2021 2020
DPS – ordinary shares
– Final (previous financial year)2 – 778 1 467 349 1 467 349 – 53
– Interim2 – – 1 467 349 1 467 349 – –
1 Non-IFRS measure.
2 The Board of Directors decided, considering the impact of the pandemic and in order to preserve cash, not to pay a final dividend for the year ended 30 September 2020 or an interim dividend for the period ending 31 March 2021.

2021  2020 
Gross
amount
R'm 		 Net
amount
R'm 		 Gross
amount
R'm 		 Net
amount
R'm 
Headline earnings reconciliation 
Profit/(loss) attributable to ordinary equity holders  1 754  (93)
Adjustments (net of tax): 
   Exchange gain reclassified to profit or loss on disposal of discontinued operation  (188) (147) –  – 
   Impairment of assets and investments from continuing operations  14  14  5  5 
   Impairment of investment from discontinued operation  –  –  793  793 
   Profit on remeasuring previously held interest in associate to fair value  (28) (28) –  – 
   Loss on disposal of property, plant and equipment  17  10  6  3 
   Loss on disposal of discontinued operation (after withholding tax) (8) 12  –  – 
Headline earnings from continuing and discontinued operations  1 615  708 

2021 
'000 		 2020 
'000 
Reconciliation between weighted average number of shares and diluted number of shares 
Issued ordinary shares – at the beginning of the year  1 467 349  1 467 349 
Effect of treasury shares  (13 502) (12 646)
Weighted average number of shares at the end of the year  1 453 847  1 454 703 
Effect of dilutive potential ordinary shares – treasury shares  4 528  4 941 
Diluted weighted average number of shares at the end of the year  1 458 375  1 459 644 
Normalised earnings per share (NEPS)1  R'm  R'm 
Profit/(loss) attributable to ordinary equity holders  1 754  (93)
(Profit)/loss from discontinued operation attributable to ordinary equity holders  (87) 799 
Profit from continuing operations attributable to ordinary equity holders  1 667  706 
Adjustments (net of tax and non-controlling interest)
   Retirement benefit asset and post-employment medical aid income  (24) (23)
   Gain on derecognition of lease asset and liability  –  (50)
   Impairment of assets and investments  14  5 
   Profit on remeasuring previously held interest in associate to fair value  (28) – 
   Loss on disposal of property, plant and equipment  10  3 
   Transaction costs relating to acquisitions and disposals  3  8 
   Unwinding of contingent consideration  62  66 
   Fair value loss on equity investment  12  – 
   Deferred tax raised on unrecognised exchange gain on inter-company loan  –  133 
   Deferred tax raised previously not recognised and effective tax rate change  (118) – 
Normalised earnings from continuing operations  1 598  848 
Normalised earnings from discontinued operation2  42  40 
Normalised earnings from continuing and discontinued operations  1 640  888 
NEPS1 from continuing and discontinued operations (cents) 112.7  61.0 
NEPS1 from continuing operations (cents) 109.8  58.3 
1  Non-IFRS measure.
2  Calculated as follows (refer note 27):
      Profit/(loss) after tax from discontinued operation  33  (799)
      Fair value adjustments to contingent consideration  9  37 
      Transaction costs  –  9 
      Impairment of investment  –  793 
42  40