- Part I: Summary
- Part II: Risk Factors
- Part III: The Scheme of Arrangement and Share Capital Consolidation
- Part IV: Directors, Company Secretary, Registered Office and Advisers
- Part V: Presentation of Statisical Data and Other Information
- Part VI: Information on The Group
- Part VII: Directors and Corporate Governance
- Part VIII: Selected Financial Information
- Part IX: Operating and Financial Review
- Part X: Accountant's Reports and Financial Information
- Accountant's report on historical financial information
- Financial information for the period ended 9 July 2008
- Accountant's report on historical financial information
- Consolidated income statements
- Consolidated balance sheets
- Consolidated statements of cash flow
- Consolidated statements of shareholders' equity
- Consolidated statements of comprehensive income
- Notes to the accounts
- Part XI: Interim Financial Information of The Group for The 26 Week Period Ended 2 August 2008
- Part XII: Additional Information
- Part XIII: Definitions
6. Earnings per share
| 2007/08 | 2006/07 | 2005/06 | |
| Net income ($ million) | 219.8 | 252.7 | 238.0 |
| Basic weighted average number of shares in issue (million) | 1,703.8 | 1,727.6 | 1,736.6 |
| Dilutive effect of share options (million) | 17.6 | 37.5 | 3.3 |
| Diluted weighted average number of shares in issue (million) | 1,721.4 | 1,765.1 | 1,739.9 |
| Earnings per share – basic | 12.9c | 14.6c | 13.7c |
| Earnings per share – diluted | 12.8c | 14.3c | 13.7c |
| Earnings per ADS – basic | 129.0c | 146.3c | 137.0c |
| Earnings per ADS – diluted | 127.7c | 143.2c | 136.8c |
The basic weighted average number of shares excludes shares held by the Employee Stock Ownership Trust ("ESOT") as such shares are not considered outstanding and do not qualify for dividends. The effect of this is to reduce the average number of shares in 2007/08 by 2,146,735 (2006/07: 3,253,096; 2005/06: 3,745,265). The calculation of fully diluted EPS for the 2007/08 excludes options to purchase 33,793,507 shares (2006/07: 17,846,848 share options; 2005/06: 26,826,235 share options) on the basis that their effect on EPS was antidilutive.
Each ADS represents ten ordinary shares.