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AFRICAN DAWN Annual Report 2016

continued Notes to the Financial Statements Annual Financial Statements For the year ended 29 February 2016 41. Loss per share Basic and diluted loss per share Basic loss per share and diluted loss per share are calculated by dividing the loss attributable to equity holders of the company by the weighted average number of ordinary shares in issue during the year excluding ordinary shares held as treasury shares ( refer to note 14). 2016 2015 Basic and diluted loss per share From continuing operations (c per share) (0.79) (3.84) (0.79) (3.84) Reconciliation of loss for the year to basic and diluted loss Loss from continuing operations (6,910) (33,012) (6,910) (33,012) Reconciliation of weighted average number of ordinary shares used for basic and diluted loss per share and headline and diluted headline loss per share Number of ordinary shares in issue 877,002 508,184 Adjusted for: Rights issue - 259,110 Shares issued Knife Capital Group acquisition - 92,603 28 March 2014 Weighted average number of shares used for loss and headline loss per share 877,002 859,897 Headline loss and diluted headline loss per share Headline loss per share continued (c) (0.79) (4.08) (0.79) (4.08) 2016 Gross Net Loss from continuing operations (6,910) Profit on disposal of property, plant and equipment (13) (9) Headline loss from operations (6,916) 2015 Gross Net Loss from continuing operations (33,012) Loss on disposal of property, plant and equipment 23 17 Impairment of intangible asset 1,150 1,150 Profit on disposal of subsidiary (3,231) (3,231) (35,076) 108 AFRICAN DAWN ANNUAL REPORT 2016


AFRICAN DAWN Annual Report 2016
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