Blue Label Telecoms - Unaudited results for the half year ended 30 November 2017


	Six months ended 30 November 2017 Unaudited R'000	Six months ended 30 November 2016 Unaudited R'000	Year ended 31 May 2017 Audited R'000
Earnings per share for profit attributable to equity holders
Basic earnings per share (cents)	167.43	79.72	114.97
Diluted earnings per share (cents)*	166.04	79.10	114.00
Weighted average number of shares	805 590 826	683 824 520	684 508 497
Diluted weighted average number of shares	812 327 853	689 236 729	690 322 107
Number of shares in issue	868 892 834	674 509 042	674 509 042
Share performance
Headline earnings per share (cents)	166.68	79.73	115.02
Diluted headline earnings per share (cents)*	165.30	79.10	114.05
Dividend per share (cents)	40	36	36
Reconciliation between net profit and core headline earnings for the period:
Net profit for the period attributable to equity holders of the parent	1 348 812	545 168	786 965
Amortisation on intangible assets raised through business combinations net of tax and net of non-controlling interest	13 987	7 240	14 069
Core net profit for the period	1 362 799	552 408	801 034
Headline earnings adjustments	(6 019)	17	362
Core headline earnings	1 356 780	552 425	801 396
Core headline earnings per share (cents)**	168.42	80.78	117.08


*	Diluted earnings per share and diluted headline earnings per share are calculated by adjusting the weighted average number of ordinary shares outstanding for the number of shares that would be issued on vesting under the employee forfeitable share plan.
**	Core headline earnings per share are calculated after adding back to headline earnings, the amortisation of intangible assets as a consequence of the purchase price allocations completed in terms of IFRS 3(R) – Business Combinations.