RBS 2010 Annual Report Download - page 301

10 Earnings per ordinary and B share
Earnings per ordinary and B share have been calculated based on the following:
Group
2010
£m
2009
£m
2008
£m
Earnings
Loss attributable to ordinary and B shareholders (1,125) (3,607) (24,306)
Loss from discontinued operations attributable to ordinary and B shareholders 28 72 86
Gain on redemption of preference shares and paid-in equity 610 200 —
Loss from continuing operations attributable to ordinary and B shareholders (487) (3,335) (24,220)
Weighted average number of shares (millions)
Ordinary shares in issue during the year 56,245 51,494 16,563
Bshares in issue during the year 51,000 1,397 —
Weighted average number of ordinary and B shares in issue during the year (1) 107,245 52,891 16,563
Note:
(1) Following reconsideration of the terms of the B share subscription agreement with HM Treasury, it is no longer treated as dilutive. The comparative amount for the year ended 31 December 2009 has
been restated.
The number of shares in issue in 2008 was adjusted retrospectively for the bonus element of the rights issue completed in June 2008 and the
capitalisation issue in September 2008. None of the convertible securities had a dilutive effect in 2010, 2009 or 2008.
299RBS Group 2010
Financial statements