Barclays 2015 Annual Report Download - page 273

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11 Earnings per share
2015
£m
2014
£m
2013
£m
(Loss)/profit attributable to equity holders of parent from continuing operations (394) (174) 540
Tax credit on profit after tax attributable to other equity holders 70 54 –
Dilutive impact of convertible options – – 1
(Loss)/profit attributable to equity holders of parent from continuing operations including dilutive
impact of convertible options (324) (120) 541
2015
million
2014
million
2013
million
Basic weighted average number of shares in issue 16,687 16,329 14,308
Number of potential ordinary shares 367 296 360
Diluted weighted average number of shares 17,054 16,625 14,668
Basic earnings per share Diluted earnings per sharea
2015
p
2014
p
2013
p
2015
p
2014
p
2013
p
(Loss)/earnings per ordinary share from continuing operations (1.9) (0.7) 3.8 (1.9) (0.7) 3.7
The calculation of basic earnings per share is based on the profit attributable to equity holders of the parent and the basic weighted average number
of shares excluding treasury shares held in employee benefit trusts or held for trading. When calculating the diluted earnings per share, the weighted
average number of shares in issue is adjusted for the effects of all dilutive potential ordinary shares held in respect of Barclays PLC, totalling 367m
(2014: 296m) shares. In addition, the profit attributable to equity holders of the parent is adjusted for the dilutive impact of the potential conversion
of outstanding options held in respect of Barclays Africa Group Limited. The increase in the number of potential ordinary shares is due to the average
share price of £2.52 (2014: £2.39) being greater than the average strike price of £2.11 (2014: £2.15). During the year, the total number of share
options granted under employee share schemes was 553m (2014: 666m). The schemes have strike prices ranging from £1.30 to £4.35.
Of the total number of employee share options and share awards at 31 December 2015, 23m (2014: 24m) were anti-dilutive.
The 358m increase in the basic weighted average number of shares since 31 December 2014 to 16,687m is due to shares issued under employee
share schemes and the Scrip Dividend Programme.
12 Dividends on ordinary shares
The Directors have approved a final dividend in respect of 2015 of 3.5p per ordinary share of 25p each which will be paid on 5 April 2016 to
shareholders on the Share Register on 11 March 2016. As at 31 December 2015, there were 16,805m ordinary shares in issue. The financial
statements for the year ended 31 December 2015 does not reflect this dividend, which will be accounted for in shareholders’ equity as an
appropriation of retained profits in the year ending 31 December 2016. The 2015 financial statements include the 2015 interim dividends of £503m
(2014: £493m) and final dividend declared in relation to 2014 of £578m (2014: £564m).
Note
a Potential ordinary shares shall be treated as dilutive when, and only when, their conversion to ordinary shares would increase loss per share.
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