Downloadable PDFs and Excel tables of the Interim Report 2008 are available below.


Notes to the Interim Report & Accounts
(unaudited)

8 Earnings per share

Basic earnings per share are calculated by dividing the profit for the period attributable to equity shareholders of the Parent Company by the average number of ordinary shares in issue during the period.

 

Period ended
2 February
2008
£m

Period ended
3 February
2007
£m

Period ended
31 July
2007
£m

Profit/(loss) for the period

 

 

 

– continuing

132.9

105.9

202.9

– total

141.4

149.0

1,728.1

Average number of shares in issue during the period

387,070,514

569,049,918

549,153,733

 

Diluted earnings per share are calculated by dividing the profit attributable to equity shareholders by 393,138,707 (period ended 3 February 2007: 571,928,823; period ended 31 July 2007: 556,934,401) ordinary shares, being the average number of ordinary shares in issue during the period, adjusted by the dilutive effect of share options.

A reconciliation of basic and headline earnings per share – continuing is as follows:

 

Period ended
2 February 2008

Period ended
3 February 2007

Period ended
31 July 2007

 

Continuing
operations
£m

EPS (p)

Continuing
operations
£m

EPS (p)

Continuing
operations
£m

EPS (p)

Attributable to equity shareholders of the Parent Company

132.9

34.3

105.9

18.6

202.9

36.9

Exclude

 

 

 

 

 

 

– exceptional operating items (note 4)

(18.9)

 

(8.1)

 

98.2

 

– profit on sale of financial asset

 

 

 

 

(24.0)

 

– amortisation of acquired intangible assets

7.2

 

7.0

 

14.8

 

– financing gains



charged to administrative
expenses

 

 

(0.1)

 

1.5

 




exceptional finance cost –
adjustment to discounted
provision (note 4)



2.5

 

 

 

 

 

 


charged to financing

2.7

 

(1.1)

 

(2.1)

 

 

(6.5)

 

(2.3)

 

88.4

 

– less tax

(7.2)

 

(4.4)

 

(33.3)

 

 

(13.7)

(3.5)

(6.7)

(1.2)

55.1

10.1

Headline

119.2

30.8

99.2

17.4

258.0

47.0

Headline EPS - diluted (p)

 

30.3

 

17.3

 

46.3

 


Smiths Group divisions:
Smiths Detection, Smiths Medical, Smiths Specialty Engineering

 

Smiths Group plc:
Registered office 765 Finchley Road, London NW11 8DS
Incorporated in England No. 137013
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