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(Loss)/Earnings Per Share | 12 Months Ended
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Dec. 31, 2014
(Loss)/Earnings Per Share |
8. | (LOSS)/EARNINGS PER SHARE
|  | Fiscal Year Ended December 31, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
BASIC (LOSS)/EARNINGS PER SHARE |  |  |  |  |  |  |  |  |  |  |  |
Net (loss)/income attributable to Gold Fields shareholders |  |  |  |  |  |  |  |  |  |  |  |
- Continuing operations |  |  | (27.2 | ) |  |  | (268.4 | ) |  |  | 292.1 |
- Discontinued operations * |  |  | — |  |  |  | 20.5 |  |  |  | 362.2 |
|  |  | (27.2 | ) |  |  | (247.9 | ) |  |  | 654.3 |
Weighted average number of shares - continuing operations |  |  |  |  |  |  |  |  |  |  |  |
Shares outstanding - beginning of year |  |  | 767,160,263 |  |  |  | 729,536,813 |  |  |  | 723,735,186 |
Weighted average number of shares issued |  |  | 1,981,608 |  |  |  | 13,069,913 |  |  |  | 3,724,271 |
Weighted average number of shares issued at the end of the year |  |  | 769,141,871 |  |  |  | 742,606,726 |  |  |  | 727,459,457 |
Basic (loss)/earnings per share |  |  |  |  |  |  |  |  |  |  |  |
- Continuing operations |  |  | (0.04 | ) |  |  | (0.36 | ) |  |  | 0.40 |
- Discontinued operations * |  |  | — |  |  |  | 0.03 |  |  |  | 0.50 |
| * | Basic earnings per share from discontinued operations
Basic earnings per share is calculated by dividing the profit attributable to ordinary shareholders from discontinued operations of $nil (fiscal 2013: $20.5 million and fiscal 2012: $362.2 million) by the weighted average number of ordinary shares in issue in fiscal 2014 of 769,141,871 (fiscal 2013: 742,606,726 and fiscal 2012: 727,459,457).
|  | Fiscal Year Ended December 31, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
DILUTED (LOSS)/EARNINGS PER SHARE |  |  |  |  |  |  |  |  |  |  |  |
Net (loss)/income attributable to Gold Fields shareholders |  |  |  |  |  |  |  |  |  |  |  |
- Continuing operations |  |  | (27.2 | ) |  |  | (268.4 | ) |  |  | 292.1 |
- Discontinued operations * |  |  | — |  |  |  | 20.5 |  |  |  | 362.2 |
|  |  | (27.2 | ) |  |  | (247.9 | ) |  |  | 654.3 |
Weighted average number of shares - continuing operations |  |  |  |  |  |  |  |  |  |  |  |
Weighted average number of shares issued at the end of the year |  |  | 769,141,871 |  |  |  | 742,606,726 |  |  |  | 727,459,457 |
Effect of dilutive securities 1 |  |  | — |  |  |  | — |  |  |  | 3,264,493 |
|  |  | 769,141,871 |  |  |  | 742,606,726 |  |  |  | 730,723,950 |
Diluted (loss)/earnings per share |  |  |  |  |  |  |  |  |  |  |  |
- Continuing operations |  |  | (0.04 | ) |  |  | (0.36 | ) |  |  | 0.40 |
- Discontinued operations * |  |  | — |  |  |  | 0.03 |  |  |  | 0.50 |
| * | Diluted earnings per share from discontinued operations
Diluted earnings per share is calculated on the basis of profit attributable to ordinary shareholders from discontinued operations of $nil (fiscal 2013: $20.5 million and fiscal 2012: $362.2 million) and 769,141,871 shares, being the diluted number of ordinary shares in issue in fiscal 2014 (fiscal 2013: 742,606,726 and fiscal 2012: 730,723,950).
| (1) | Dilutive securities comprise the dilutive effect of share options. Refer note 18 for details of share option schemes. In fiscal 2014 and 2013, due to the loss from continuing operations, the effect of dilutive securities was not considered in the dilutive earnings per share calculation.

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