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(Loss)/Earnings Per Share
12 Months Ended
Dec. 31, 2015
(Loss)/Earnings Per Share
8. (LOSS)/EARNINGS PER SHARE

 

     Fiscal Year Ended December 31,  
         2015              2014              2013      

BASIC (LOSS)/EARNINGS PER SHARE

        

Net loss attributable to Gold Fields shareholders

        

- Continuing operations

     (345.0      (27.2      (268.4

- Discontinued operations *

     —           —           20.5   
  

 

 

    

 

 

    

 

 

 
     (345.0      (27.2      (247.9
  

 

 

    

 

 

    

 

 

 

Weighted average number of shares - continuing operations

        

Shares outstanding - beginning of year

     771,416,491         767,160,263         729,536,813   

Weighted average number of shares issued

     3,346,660         1,981,608         13,069,913   
  

 

 

    

 

 

    

 

 

 

Weighted average number of shares issued at the end of the year

     774,763,151         769,141,871         742,606,726   
  

 

 

    

 

 

    

 

 

 

Basic (loss)/earnings per share

        

- Continuing operations

     (0.45      (0.04      (0.36

- Discontinued operations *

     —           —           0.03   

 

  * 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 million (fiscal 2014: $nil and fiscal 2013: $20.5 million) by the weighted average number of ordinary shares in issue in fiscal 2015 of 774,763,151 (fiscal 2014: 769,141,871 and fiscal 2013: 742,606,726).

 

     Fiscal Year Ended December 31,  
         2015              2014              2013      
DILUTED (LOSS)/EARNINGS PER SHARE         

Net (loss)/earnings attributable to Gold Fields shareholders

        

- Continuing operations

     (345.0      (27.2      (268.4

- Discontinued operations*

     —           —           20.5   
  

 

 

    

 

 

    

 

 

 
     (345.0      (27.2      (247.9
  

 

 

    

 

 

    

 

 

 

Weighted average number of shares - continuing operations

        

Weighted average number of shares issued at the end of the year

     774,763,151         769,141,871         742,606,726   

Effect of dilutive securities 1

     —           —           —     
  

 

 

    

 

 

    

 

 

 
     774,763,151         769,141,871         742,606,726   
  

 

 

    

 

 

    

 

 

 

Diluted (loss)/earnings per share

        

- Continuing operations

     (0.45      (0.04      (0.36

- Discontinued operations*

     —           —           0.03   

 

  * 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 million (fiscal 2014: $nil and fiscal 2013: $20.5 million) and 774,763,151 shares, being the diluted number of ordinary shares in issue in fiscal 2015 (fiscal 2014: 769,141,871 and fiscal 2013: 742,606,726).

 

  (1) Dilutive securities comprise the dilutive effect of share options. Refer note 18 for details of share option schemes. In fiscal 2015, 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.