Vector Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS

24. Equity:// CONTINUED

24.3 Financial ratios

2017 $000 12 MONTHS

2016 $000 12 MONTHS

Earnings per share

Net profit from continuing operations attributable to owners of the parent Net profit from discontinued operations attributable to owners of the parent

165,789

55,999

215,494 271,493

Net profit attributable to owners of the parent

165,789

Weighted average ordinary shares outstanding during the period (number of shares)

995,651,036

995,642,121

Earnings per share from continuing operations Earnings per share from discontinued operations

16.7 cents

5.6 cents 21.6 cents 27.2 cents

Total earnings per share

16.7 cents

2017 $000

2016 $000

Net tangible assets per share

Net assets attributable to owners of the parent

2,430,618 (1,399,638) 1,030,980 995,645,987 103.5 cents

2,381,988 (1,281,656) 1,100,332 995,659,948 110.5 cents

Less total intangible assets Total net tangible assets

Ordinary shares outstanding (number of shares)

Economic net debt to economic net debt plus adjusted equity ratio (“gearing ratio”)

2017 $000

2016 $000

Face value of borrowings

2,234,958

2,254,279 (321,371) 1,932,908 2,398,335

Less cash and cash equivalents

(14,878)

Economic net debt

2,220,080 2,448,338

Total equity

Adjusted for hedge reserves

48,998

89,278

Adjusted equity

2,497,336 4,717,416

2,487,613 4,420,521

Economic net debt plus adjusted equity

47.1%

43.7%

113

Vector://AR 17

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