| Thu 28 Mar 2013, 10:23 | | TAWANA RESOURCES NL - Loss per share and headline earnings per share disclosure |
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TAW 201303280029A
Loss per share and headline earnings per share disclosure
Tawana Resources NL
(Incorporated in Australia)
(Registration number ACN 085 166 721)
Share code on the JSE Limited: TAW
ISIN: AU000000TAW7
Share code on the Australian Stock Exchange Limited: TAW
ISIN: AU000000TAW7
(“the Company”)
Loss per share and headline earnings per share disclosure
Classification of securities as ordinary shares
The Company has only one category of ordinary shares included in basic loss per share.
Classification of securities as potential ordinary shares
There are currently no securities to be classified as dilutive potential ordinary shares on issue.
2012 2011
Number Number
Weighted average number of ordinary shares used in the
calculation of basic loss per share 865,231,783 801,529,216
$ $
Net loss from continuing and discontinuing operations (6,473,524) (10,102,492)
Net loss from continuing operations (6,460,725) (976,759)
The loss per share calculation as disclosed on the Statement of Comprehensive Income does not
include instruments that could potentially dilute basic earnings per share in the future as these
instruments were anti-dilutive in the periods presented. A summary of such instruments is as follows:
Equity securities Number of Number of
securities potential
ordinary
shares
Options over ordinary shares 180,500,000 181,000,000
No options have been issued subsequent to year end but prior to the date of issue of these financial
statements.
Headline earnings per share (unaudited)
Reconciliation of net loss to headline earnings
Consolidated
2012 2011
$ $
Net loss (6,473,524) (10,102,492)
Add:
Loss from discontinued operations after tax 12,799 9,125,733
Headline earnings from continuing and discontinuing operations
used in the calculation of headline earnings per share (6,460,725) (976,759)
Headline earnings per share (cents) (0.74) (0.12)
Note: This announcement is to be read in conjunction with the Annual report of the Company, which
has been released at the same time as this announcement.
28 March 2013
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
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