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(Loss)/earnings per share

6 Months Ended

Jun. 30, 2023

(Loss)/earnings per share

(Loss)/earnings per share

7. (Loss)/earnings per share

Basic (loss)/earnings per share (“EPS”) is calculated by dividing the (loss)/profit for the period attributable to equity holders by the weighted average number of ordinary shares outstanding during the period.

The following table reflects the income statement (loss)/profit and share data used in the basic EPS calculations:


		Three months ended June 30,						Six months ended June 30,
		2023			2022			2023			2022
		$'m			$'m			$'m			$'m
(Loss)/profit attributable to equity holders as presented in the income statement			(10)			100			(11)			157
Less: Dividend on preferred shares (see note 14)			(6)			—			(12)			—
(Loss)/profit attributable to equity holders used in calculating earnings per share			(16)			100			(23)			157
Weighted average number of ordinary shares for EPS (millions)			597.6			603.3			597.6			603.3
(Loss)/earnings per share		$	(0.03)		$	0.17		$	(0.04)		$	0.26

Diluted (loss)/earnings per share is consistent with basic (loss)/earnings per share, as there are no dilutive potential shares during the periods presented above.

Please refer to note 9 for details of any transactions involving the ordinary shares for the three and six months ended June 30, 2023.