Page 168 - Annual Report 2014
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23 Earnings Per Share Overview
Basic earnings per share is calculated by dividing the Group’s profit attributable to equity holders by the weighted average
number of ordinary shares in issue during the financial year.
For the purpose of calculating the diluted earnings per share, the weighted average number of ordinary shares in issue is Strategy
adjusted to take into account the dilutive effect arising from the StarHub share plans.
Group
2014 2013
(Restated)
$m $m
Profit attributable to equity holders 370.5 379.5 Performance
Number of shares
2014 2013
’000 ’000
Weighted average number of ordinary shares (basic) 1,725,351 1,720,724 Governance
Adjustment for dilutive effect of share plans 7,050 7,610
Weighted average number of ordinary shares (diluted)
1,732,401 1,728,334
24 Earnings Before Interest, Taxation, Depreciation and Amortisation
The earnings before interest, taxation, depreciation and amortisation (“EBITDA”) is a supplementary indicator of performance
used by the Group. The measurement of EBITDA is not covered by FRS. The Group defines EBITDA as follows:
Group Financials
2014 2013
(Restated)
$m $m
Profit before taxation 456.1 457.5
Adjustments for:
Depreciation and amortisation (net of asset grants) 271.2 269.5
Finance income (2.0) (2.8)
Finance expense 22.6 18.8
EBITDA
747.9 743.0
StarHub Ltd | Annual Report 2014 165
