Earnings per ordinary share has been calculated by dividing the profit attributable to equity holders of the parent after taxation for each financial period by the weighted average number of ordinary shares in issue during the period.
| 2016 Pence | 2015 Pence |
---|
Basic earnings per share | | |
— Underlying* | 42.95 | 40.17 |
— Basic | 14.00 | 22.14 |
Diluted earnings per share | | |
— Underlying* | 42.65 | 39.90 |
— Diluted | 13.90 | 21.99 |
The calculations of basic and diluted earnings per share are based upon:
| 2016 £000 | 2015 £000 |
---|
Earnings for underlying basic and underlying diluted earnings per share | 38,390 | 35,307 |
Earnings for basic and diluted earnings per share | 12,512 | 19,459 |
| Number | Number |
---|
Weighted average number of ordinary shares for basic earnings per share | 89,380,414 | 87,890,277 |
Impact of share options | 628,307 | 604,887 |
Weighted average number of ordinary shares for diluted earnings per share | 90,008,721 | 88,495,164 |
* Underlying measures exclude non-underlying items as defined in the Consolidated Income Statement
At 30 June 2016, there are 309,407 options that are excluded from the EPS calculations as they are not dilutive for the period presented but may become dilutive in the future.