Notes to the accounts

year ended 30 June 2001

7

Tax 

The taxation charge is made up as follows:

2001 

2000

 '000

 '000

credit/(charge) 

on loss on 

Corporation tax at 30% (2000: 30%)

ordinary 

Corporation tax under provided in previous years

(7)

Deferred taxation

21

(7)

activities

21

(14)

Basic

The earnings per share figure for the year ended 30 June 2001 is based on

8

Earnings per 

the loss for the year on ordinary activities after taxation of  21,642,000

share

(2000: loss of  4,605,400) and on the weighted average number of shares

of 16,105,536 (2000: 14,262,023).

Diluted

The diluted earnings per share figure for the year ended 30 June 2001 is

based on the loss for the year on ordinary activities after taxation of

 21,642,000 (2000: loss of  4,605,400), and on the weighted average

number of shares of 16,105,536 (2000: 14,262,023).

2001

2000

Loss per financial year ( '000)

(21,642)

(4,605)

Basic and diluted earnings attributable 

to ordinary shareholders ( '000)

(21,642)

(4,605)

Goodwill amortisation and impairment ( '000)

18,040

4,145

Basic and diluted earnings attributable 

to ordinary shareholders before goodwill 

amortisation and impairment ( '000)

(3,602)

(460)

Weighted average and adjusted weighted 

average number of ordinary shares (`000)

16,106

14,262

Loss per share

(134.4p)

(32.3p)

Loss per share before goodwill amortisation 

and impairment

(22.4p)

(3.2p)

Directors feel a loss per share before goodwill amortisation and impairment

is a more useful measure.

28