Axiom 2014 Annual Report - page 60

Notes to the Financial Statements
for the year ended 30 September 2014
58
Axiom Mining Limited
6. Loss per share
a. Basic loss per share
The calculation of basic loss per share of 0.57 of a cent per share (2013: 0.61 of a cent per share) is based on the
loss attributable to owners of the Company of $15,692,000 (2013: $13,168,000) and the weighted average number of
2,743,020,471 ordinary shares (2013: 2,142,701,270 shares) in issue during the year, calculated as follows:
b. Diluted loss per share
The diluted loss per share is the same as the basic loss per share as the exercise of the share option and the conversion of
convertible notes would result in a decrease in loss per share.
Consolidated Group
2014
$000
2013
$000
(i) Reconciliation of earnings to profit or loss:
Loss for the year
(15,880)
(13,650)
Loss attributable to non-controlling equity interest
(188)
(482)
Loss used to calculate basic EPS
(15,692)
(13,168)
Loss used in the calculation of dilutive EPS
(15,692)
(13,168)
Weighted average number of
ordinary shares
2014
No. of shares
2013
No. of shares
Issued ordinary shares at 1 October (Note 16(a))
2,335,067,445 1,720,572,899
Effect of placement of shares
112,415,955 240,288,677
Effect of shares issued as payment for services
13,689,102
1,292,739
Effect of issue of shares to employees
586,667
882,877
Effect of issues under exercise of options
6,844,548
–
Effect of issues under share purchase plan and conversion of convertible notes
106,783,568 179,323,804
Effect of exercise of performance rights
–
340,274
Effect of issue under agreement *
43,680,887
–
Effect of commencement fee funding *
5,035,264
–
Effect of Convertible note security *
9,493,151
–
Effect of Rights issue
109,423,884
–
Weighted average number of ordinary shares at 30 September 2014
2,743,020,471 2,142,701,270
* as announced 10 February 2014
GROUP FINANCIAL REPORT
1...,50,51,52,53,54,55,56,57,58,59 61,62,63,64,65,66,67,68,69,70,...116
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