Westgold Resources Limited Annual Report 2021

75 Westgold Resources Limited Annual Report 2021 9. EARNINGS PER SHARE The following reflects the data used in the basic and diluted earnings per share computations. 2021 2020 (a) Earnings used in calculating earnings per share Net profit attributable to ordinary equity holders of the parent 76,751,880 34,607,315 Profit attributable to discontinued operations – – Net profit attributable to ordinary equity holders of the parent 76,751,880 34,607,315 Basic earnings per share (cents) 18.16 8.65 Discontinued operations – – 18.16 8.65 Earnings used in calculating earnings per share For diluted earnings per share: Net profit attributable to ordinary equity holders of the parent (from basic EPS) 76,751,880 34,607,315 Profit attributable to discontinued operations – – Net profit attributable to ordinary equity holders of the parent 76,751,880 34,607,315 Diluted profit per share (cents) Continuing operations 18.12 8.65 Discontinued operations – – 18.12 8.65 (b) Weighted average number of shares Weighted average number of ordinary shares for basic earnings per share 422,637,346 399,990,790 Effect of dilution: Share options 441,278 – Rights 557,582 – Weighted average number of ordinary shares adjusted for the effect of dilution 423,636,207 399,990,790 Basic EPS is calculated by dividing the profit for the year attributable to ordinary equity holders of the parent by the weighted average number of ordinary shares outstanding during the year. Diluted EPS is calculated by dividing the profit attributable to ordinary equity holders of the parent by the weighted average number of ordinary shares outstanding during the year plus the weighted average number of ordinary shares that would be issued on conversion of all the dilutive potential ordinary shares into ordinary shares. The Company has included share options and rights on issue in the calculation of dilutive earnings per share for the current financial period. In the prior year ending 30 June 2020, 5,107,698 share options were excluded from the calculation of diluted earnings per share because they were considered anti-dilutive or contingently issuable. There have been no other transactions involving ordinary shares or potential ordinary shares between the reporting date and the date of authorisation of these financial statements.