Notes to the Financial Statements
109
Notes to the Financial Statements
continued
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31. Earnings per share
2013 
Cents
2012 
Cents
Basic (loss) / earnings per share (213.3) 52.5
Diluted (loss) / earnings per share (213.3) 52.5
$’000 $’000
Net (loss) / profit used to calculate basic and diluted earnings per share (323,726) 75,159
Number Number
Weighted average number of shares used as the denominator
Weighted average number of ordinary shares used as the denominator in calculating basic earnings per share 151,766,220 143,104,817
Adjustment for calculation of diluted earnings per share: option – 129,980
Weighted average number of ordinary shares and potential ordinary shares used as the denominator  
in calculating diluted earnings per share 151,766,220 43,234,797
Diluted loss per share
As the Group made a loss for the year, diluted loss per share is the same as basic loss per share as the impact of dilution would be to reduce the loss per share.
Options
Options granted to employees and Directors are considered to be potential ordinary shares and have been included in the determination of diluted earnings 
per share. The options have not been included in the determination of basic earnings per share. Details relating to the options are set out in Note 24.
32. Parent entity financial information
As at, and throughout, the financial year ending 30 June 2013 the parent entity of the Group was Kingsgate.
Summary of financial information
2013 
$’000
2012 
$’000
Results of parent entity
(Loss) / profit for the year (385,898) 7,791
Other comprehensive (loss) (91) (509)
Total comprehensive (loss) / profit (385,989)  7,282
Financial position of parent entity at year end
Current assets 237,483 211,404
Total assets 292,370  668,437
Current liabilities 132,736 32,140
Total liabilities 133,743 103,243
Total equity of the parent entity comprising of:
Issued capital 605,504 599,618
Reserve 8,336 10,409
Accumulated losses (455,213)  (44,833)
Total financial equity 158,627 565,194