for the six months ended 30 September 2016
| Reviewed Six months ended 30 September 2016 |
Reviewed Six months ended 30 September 2015 |
|
|---|---|---|
| Rm | Rm | |
| Earnings per share | ||
| Total operations | ||
| Basic earnings per share (cents) | 348.7 | 110.4 |
| Diluted earnings per share (cents) | 342.2 | 108.4 |
| Headline earnings per share (cents) | 336.0 | 69.9 |
| Diluted headline earnings per share (cents) | 329.8 | 68.6 |
| Reconciliation of weighted average number of ordinary shares: | ||
| Weighted ordinary shares in issue | 526 948 700 | 526 948 700 |
| Weighted average number of shares held by subsidiaries and in escrow | (12 398 650) | (15 933 358) |
| Weighted average number of shares outstanding | 514 550 050 | 511 015 342 |
| Reconciliation of diluted weighted average number of ordinary shares | ||
| Weighted average number of shares outstanding | 514 550 050 | 511 015 342 |
| Expected future vesting of shares | 9 725 687 | 9 145 787 |
| Diluted weighted average number of shares outstanding | 524 275 737 | 520 161 129 |
Total operations
| Rm |
Rm |
|
| Reconciliation between earnings and headline earnings: | ||
| Profit for the year | 1 821 | 606 |
| Non-controlling interests | (27) | (42) |
| Profit attributable to equity holders of Telkom | 1 794 | 564 |
| Adjustments: | ||
| Profit on disposal of property, plant and equipment and intangible assets | (87) | (282) |
| Profit on disposal of business | (57) | - |
| Write-offs of property, plant and equipment and intangible assets | 70 | 31 |
| Taxation effects | 9 | 44 |
| Headline earnings | 1 729 | 357 |
| Dividend per share (cents) | 270.00 | 245.00 |
The calculation of dividend per share is based on dividends of R1 422 million (30 September 2015: R1 291 million) declared on 4 July 2016 and 526 948 700 (30 September 2015 : 526 948 700) number of ordinary shares outstanding on the date of dividend declaration.