RBS 2012 Annual Report Download - page 389

RBS GROUP 2012
387
7 Profit attributable to preference shareholders and paid-in equity holders
2012
£m
2011
£m
2010
£m
Preference shareholders
Non-cumulative preference shares of US$0.01 153 — 105
Non-cumulative preference shares of €0.01 115 — —
Non-cumulative preference shares of £1 5 — —
Paid-in equity holders
Interest on securities classified as equity, net of tax 15 — 19
Total (1) 288 — 124
Notes:
(1) Discretionary dividends on certain non-cumulative preference shares and discretionary distributions on certain innovative securities recommenced on 4 May 2012.
(2) Between 1 January 2013 and the date of approval of these accounts, dividends amounting to US$107 million and £0.4 million have been declared in respect of equity preference shares for payment
on 28 March 2013.
8 Ordinary dividends
The company did not pay an ordinary dividend in 2012, 2011 or 2010.
9 Earnings per ordinary and B share
Earnings per ordinary and B share have been calculated based on the following:
2012
£m
2011
£m
2010
£m
Earnings
Loss attributable to ordinary and B shareholders (5,971) (1,997) (1,125)
Loss/(profit) from discontinued operations attributable to ordinary and B shareholders 60 (306)204
Gain on redemption of preference shares and paid-in equity — — 610
Loss from continuing operations attributable to ordinary and B shareholders (5,911) (2,303)(311)
Weighted average number of shares (millions)
Ordinary shares in issue during the year 5,902 5,722 5,625
Effect of convertible B shares in issue during the year 5,100 5,100 5,100
Weighted average number of ordinary shares and effect of convertible B shares in issue during the year (1) 11,002 10,822 10,725
Note:
(1) 2011 and 2010 have been adjusted for the sub-division and one-for-ten consolidation of ordinary shares in June 2012.