135 / 156
29. Earnings and headline earnings
At 30 June 2015, the company had 243 256 092 shares in issue (2014: 243 256 092 combined units).
GROUP
June 2015
R000
GROUP
June 2014
R000
Reconciliation – earnings to headline earnings
Profit attributable to shareholders of the company (2014: unitholders)
3 779 576
1 948 487
Debenture interest
1 147 443
Earnings
3 779 576
3 095 930
Headline earnings adjustments
(2 457 065)
(1 870 232)
Change in fair value of investment property
(2 467 113)
(1 650 419)
Loss/(profit) on disposal:
Subsidiary
30 011
Investment property
(24 243)
(4 460)
Associate company (Mantrablox)
(17 431)
Impairment of goodwill
4 280
7 779
Amortisation of debenture premium
(102 806)
Gain on bargain purchase (African Land)
(102 895)
Headline earnings
1 322 511
1 225 698
Total shares (2014: combined units) in issue
243 256 092
243 256 092
Weighted average shares (2014: combined units) in issue
243 256 092
243 195 790
Cents
Cents
Earnings and headline earnings per share (2014: combined unit)
Basic and diluted earnings per share (2014: combined unit)
1 553,7
1 273,0
Basic and diluted headline earnings per share (2014: combined unit)
543,7
504,0
133
Hyprop Investments Limited
Integrated Report 2015