Peachtree 2012 Annual Report Download - page 95

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Overview
Performance
Governance
Results for the year continued
Re between statutory and underlying earnings per share
2012
£m
2011
£m
IFRS statutory profit for the year from continuing operations 238.9 256.0
Adjustments:
Earnings – trading from discontinued operations 1.9 18.9
Intangible amortisation excluding amortisation of computer software 17.1 21.8
Acquisition-related items 4.4 0.4
Imputed interest on put and call arrangement to acquire non-controlling interest and deferred consideration 0.5 –
Taxation on adjustments (7.0) (11.3)
Net adjustments 16.9 29.8
Earnings – underlying (before exchange movement) 255.8 285.8
Exchange movement –(9.8)
Taxation on exchange movement –2.3
Net exchange movement –(7.5)
Earnings – underlying (after exchange movement) 255.8 278.3
Exchange movement relates to the retranslation of prior year results to current year exchange rates as shown in the table on page 28 within the financial review.
4.2 Dividends
2012
£m
2011
£m
Final dividend paid for the year ended 30 September 2011 of 7.07p per share 92.1 –
(2011: final dividend paid for the year ended 30 September 2010 of 5.22p per share) –68.7
Interim dividend paid for the year ended 30 September 2012 of 3.48p per share 44.4 –
(2011: interim dividend paid for the year ended 30 September 2011 of 2.68p per share) –35.3
136.5 104.0
In addition, the directors are proposing a final dividend in respect of the financial year ended 30 September 2012 of 6.67p per share which will absorb an
estimated £78.2m of shareholders’ funds. It will be paid on 8 March 2013 to shareholders who are on the register of members on 15 February 2013. These
financial statements do not reflect this dividend payable.
Financial statements
93
The Sage Group plc | Annual Report & Accounts 2012