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Retrieving Data

Note 3: Underlying Earnings After Tax


       
GROUP
  Note 2013
$000
2012
$000
 
Profit After Tax Attributable to the Shareholders of the Company   123,351 131,652
 
Fair value losses on financial instruments   5,593 7,544
Asset impairments   - 428
Adjustments before income tax   5,593 7,972
 
Change in income tax expense in relation to adjustments   (1,678) (2,271)
Adjustment to tax depreciation on buildings   - (2,031)
Adjustments after income tax   3,915 3,670
Underlying Earnings After Tax   127,266 135,322
 
Underlying earnings after tax ($000)   127,266 135,322
Weighted average number of ordinary shares in issue (thousands)   314,347 314,347
Underlying earnings per share (cents per share)   40.5 43.0
 
Underlying earnings after tax ($000)   127,266 135,322
Weighted average number of ordinary shares in issue plus share
options outstanding (thousands)
  314,347 314,587
Diluted underlying earnings per share (cents per share) 40.5 43.0
           
Underlying earnings after tax is presented to allow stakeholders to make an assessment and comparison of underlying earnings after removing the non-cash fair value movements in financial instruments, the effect of the change in corporate tax rules as well as other items that the Group considers to be one off in nature.